Thread regarding 2U Inc. layoffs

USC Update Meeting

Just got a last minute "USC Update" meeting added to calendars for 9am PST/12pm EST today, attendees include Dobbs, David Ekedahl, Dominick DiGangi. Anyone know what this is about?

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| 1761 views | | 8 replies (last November 10, 2023) | Reply
Post ID: @OP+1pu0gati

8 replies (most recent on top)

Possibly attempting to stagger the announcement of this (and maybe even other events/occurrences) to try and keep the stock from taking an absolute and final nosedive into the abyss.

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Post ID: @2chl+1pu0gati

I've been hearing rumors, but have seen nothing in writing. Has this been published publicly anywhere yet? I wonder if this will be talked about at the earnings call today...?

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Post ID: @1qmq+1pu0gati

Which programs are staying and which are being dissolved?

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Post ID: @ebu+1pu0gati

WOW!

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Post ID: @igq+1pu0gati

UPDATE: Multiple USC programs were dissolved, nearly all. Some will be wrapping up by end of year, others not until next year.

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Post ID: @jcc+1pu0gati

Need an update please!

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Post ID: @ofo+1pu0gati

I suspect USC is dissolving their partnership with 2U in some capacity. There were whispers about that during the recent layoffs, so perhaps they were true.

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Post ID: @ion+1pu0gati

No, but keep us posted pl.

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Post ID: @szy+1pu0gati

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