Thread regarding 2U Inc. layoffs

The plan

Seems like the "plan" is:

  1. slow the bleed
  2. infuse value by buying bogus stock so that an artificial value is presented - face value purposes, only)
  3. fire multi millions worth of talent - being the more $enior members of various departments

3+) retain the lesser experienced/lesser paid employees to do the work - even though (by mere definition, if you're removing the more highly skilled) the Outcome (that no longer seem to matter) is progressively becoming more subpar.

  1. $elect divide those savings
  2. no more bonuses!! (except for those who are in the $elect group).
  3. and allow this excuse for a respectable company squeeze until there is not a drop left (of $, of integrity, of reputation...)

Reposting this from @nsz+1oPBigwI, the OP hit the nail on the head.

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Post ID: @OP+1oQvHwHS

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