Thread regarding 2U Inc. layoffs

2U facing imminent collapse

Please get out while you can. Spend your work days applying and interviewing elsewhere.

https://www.highereddive.com/news/education-department-opms-2u-financial-distress/712428/

https://protectborrowers.org/wp-content/uploads/2024/04/ED-CFPB-Letter-2U-with-Appendices.pdf

by
| 1601 views | | 5 replies (last April 11, 2024) | Reply
Post ID: @OP+1rYb6D4H

5 replies (most recent on top)

Leadership = Looters

by
| | Reply
Post ID: @1hzq+1rYb6D4H

I think I'm more worried about what happens after the refinance. These leaders are so committed to lining their own pockets while offering ZERO innovative new business ideas. These are also the same people who are absolutely complicit in getting the company in this mess in the first place, so I'm not extremely hopeful unfortunately. They are not responsible stewards of company dollars, as evident by their 6 and 7 figure bonus amounts while the majority of their employees live paycheck to paycheck despite making the company millions every year. I say this with my whole heart, truly, in the off chance that any of them ever read these comments, please go fu-k yourself!

by
| | Reply
Post ID: @1fat+1rYb6D4H

This is ridiculous. Debt is about to be refinanced. Stop spreading misleading information.

by
| | Reply
Post ID: @1jst+1rYb6D4H

Brings back memories of 2014-2016 with Corinthian Colleges, ITT Tech, and EDMC.

https://www.thelayoff.com/corinthian-colleges

https://www.thelayoff.com/itt-educational-services

https://www.thelayoff.com/education-management-corporation

by
| | Reply
Post ID: @yef+1rYb6D4H

Bro, consider the source. Protectborrowers.org was on here months ago fishing for information from people in our situation, and offering no help of any kind. Ridiculous.

by
| | Reply
Post ID: @pzq+1rYb6D4H

Post a reply

: