Thread regarding 2U Inc. layoffs

Wide lense view from Class Central

https://www.classcentral.com/report/2u-edx-disastrous-quarter/

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| 1661 views | | 5 replies (last November 18, 2023) | Reply
Post ID: @OP+1pEf571O

5 replies (most recent on top)

Some dark, dark stuff!!!!!!!!

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Post ID: @lrn+1pEf571O

Nothing that comes out in final wash cycles would shock me! It was crystal clear, early on, that leadership built a mental fence of invincibility, and delusional thinking and talking ruled out reality. But I'm sure Everything will come out!

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Post ID: @soh+1pEf571O

Tip of the iceberg. What if a certain OPM used a certain former board member close to a former President to steal from partners and partner clients? Enjoy the show!

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Post ID: @ioy+1pEf571O

Yo, this article........Talk about pulling back the curtain on Oz!!!!!!!!!!!!!!!

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Post ID: @xwm+1pEf571O

The writer of this article stated
"Last year, Coursera’s stock price crashed by 20% following the announcement of its 2022 Q2 results. During such turbulent times, companies are often more forthcoming with information during investor earnings calls.

I have thoroughly reviewed the Q3 earnings report, the earnings call transcript, and conducted some additional research. I have uncovered details that you will not find anywhere but on the Class Central Report. Continue reading to learn more."

2u leadership (at least prior to yesterday's overturn) seemed confounded/confused/irritated that so many questions were being raised and so much speculation was being sprouted, from every conceivable direction. They kept making it seem like the majority, who was constantly left in the dark, was being paranoid and stepping way out of line for wanting/demanding answers to the simple plea of "make it make sense!!"

Just goes to show that even when you refuse to be transparent, you think you're able to hide the full range of details - until just the right narrative can go before you, And you count on the people surrounding you to cover up for and coddle you...that ain't so!!

The perfume you spray on rotting garbage will mask the stench, but only for so long.

I hope the new CEO and his leadership team remains far removed from the practice(s) of his predecessor!

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Post ID: @akn+1pEf571O

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