Honestly, don’t believe all that leadership is saying, Buisness as usual, nothing has changed, etc. All gas lighting. If you paid into the employee stock option plan or just bought on your own, sell Now. We have all lost it all. Chip lied to us. And leadership had no backbone. Karma is real. At this point all employees should be looking at an exit strategy. The new owners will sell 2U piece by piece and lay people off . You can bank on that.
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There are no tangible assets to sell off.
- If you ever hold on to your company stock, you’re doing it wrong. That is so extremely risky, even at more stable companies.
- Layoffs are all but guaranteed following chapter 11. They have to get us as far into the black as they can as fast as they can.