This board has been pretty quiet (which is refreshing). I’m curious, have things gotten better at 2U since coming out of bankruptcy? Is the new leadership more effective? I would come back to 2U in a second if the threat of constant layoffs wasn’t looming.
5 replies (most recent on top)
Internally an Email was sent out for meetings today and tomorrow.
Looks like layoffs are coming again.
Annnnnd another round of layoffs was just announced......
Hows the Crystal City RTO going? Is anyone actually showing up?
Wonder how the FTC and California AG caught wind?
https://protectborrowers.org/a-perverse-outcome-advocates-warn-that-2u-bankruptcy-could-protect-executives-at-students-expense/
We do not have a new leadership team, it’s the same clown car with a third string CEO. They say they have been in the process of “strategic planning” for months now but no discernible output so who knows. I’d bet $100 most of them will lose their jobs within 12 months. Things are quiet for now but I’d stay far away until the new CEO is hired and things settle after that inevitable shakeup