Thread regarding 2U Inc. layoffs

us employees in next 3 weeks

I hope you've saved some money. Within the next 3 weeks you will see another round of terminations. Please forgive me for not including more details.

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| 3151 views | | 14 replies (last November 16, 2023) | Reply
Post ID: @OP+1pA9Mgjq

14 replies (most recent on top)

My prediction is this will all go down on a Thursday which is December 7th. This is the time they like to get rid of people. 2 weeks before Christmas and right before the 2 week break in end of December. Also, it would look bad to layoff people the week of Thanksgiving and week after. I am sorry for anyone being laid off, but I would try to get into NOODLE. Their CEO is the real CEO who founded 2u which was called 2tor. He is a stand up guy and down to earth!

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Post ID: @2rje+1pA9Mgjq

Does Chip still walk around with that Boombox and play music and make people dance. That was so CRINGE every time. This place reminded me of a cult like JONESTOWN. We were forced to smile, laugh and dance. I have lots of pictures to post from several years worth of cringefests.

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Post ID: @2qhm+1pA9Mgjq

Who is on the chopping block?

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Post ID: @1wup+1pA9Mgjq

It has to be before the end of the year so there’s no bonus requirement to be paid out.

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Post ID: @1eiz+1pA9Mgjq

It is what it is, just gonna keep working until the bell rings. Who knows maybe we'll bounce back

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Post ID: @1cpk+1pA9Mgjq

3 weeks sounds about right. They coordinated the last layoff so that it lined up with a payday. THEORETICALLY: So if they follow the same formula, calls will be scheduled for Nov 30, people will be told early morning that it’s their last day and they don’t have to worry about working tomorrow or for the remainder of that day (like they’re doing you a favor or something) and Dec 1 will be your last paycheck. Then, if we’re lucky enough for some type of severance, we’ll have 14 days to sign and return the agreement.

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Post ID: @1ppm+1pA9Mgjq

It’s going down. I’m yelling Timber (sounds like a song at a dance party)

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Post ID: @zaz+1pA9Mgjq

Happy Holidays From Chip and the gang!

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Post ID: @ixy+1pA9Mgjq

The reason for no details is because there are no details. Otherwise why hide them?

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Post ID: @bag+1pA9Mgjq

Give the details. It helps us.

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Post ID: @wcb+1pA9Mgjq

3 weeks is an interesting time frame. It's prior to 2U break AND prior to the end of the USC contracts. I wonder what the actual timeline looks like here.

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Post ID: @hjx+1pA9Mgjq

why not include more details, they have nothing to lose at this point....

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Post ID: @lgl+1pA9Mgjq

I know the original post said no more details, but anyone reading this have any? Any ideas on which departments, whether they'll focus on managers and seniors again like last time, etc?

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Post ID: @gsf+1pA9Mgjq

This isn’t even shocking. It’s expected

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Post ID: @mof+1pA9Mgjq

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