It finally happened. Chip is gone. Paul Lalljie Is being moved from CFO to CEO and Matt Norden is stepping up as CFO (while also remaining CLO). Chip is also off the board too... — read more 

I know we're all stressed, and anxious, and nervous about what's to come. I know many of us are angry and unhappy with current circumstances. Despite all of this, there's no reason to be attacking and name calling on this platform. It helps nobody... — read more 

Do we think leadership knew this was coming when they decided to dress like the purge with fake g-ns for the Halloween call?

https://youtu.be/P-6kCKnXii8?si=jW69UIlt_Tpdr7jH

How many of you are just plain burnt out? You don’t need to say anything else just a number. I just want to see something that’s all. If this is the most burnt out you’ve been in awhile maybe even years pick a letter. If you are though, sending... — read more 

Last minute cancellation. Hmmm.

SE Office Hours magically disappear this week without reason. Hop on the suss bus

In regards to portfolio management. Chip said we are in the final “innings” for exiting degree programs. This is from the Q3 earnings call. It looks like there will be another 49 million coming in from other partnerships dissolving in Q4. Not sure if... — read more 

Yes management mostly su-ks. Yes advisors are not properly trained. In my eyes, the largest problem with bootcamps is that the product is an absolute joke - honestly a borderline scam. Anyone can Google to find reviews of our bootcamps and see that... — read more 

It will be interesting to see if leadership puts their money where their mouth is and starts buying up stock at these levels. If they really feel the future is bright this is their chance to make a pile of money.

Unbelievable- admissions managers were called into a meeting where we were all demeaned by our VP- telling us we need to “be better” despite the fact they’ve been pi----g on us without the courtesy of even calling it rain. During this meeting we then... — read more 

2U could never have gotten off the ground without workers. It could have been a better company if it had been honest with all its workers and if executives had listened to the most ethical and thoughtful workers--instead of marginalizing them and... — read more 

Anyone got any new information?

Has anyone who has recently been laid off been a part of the degree tuition reimbursement program benefit (when the company still offered this)? What happens with repayment, or is this just forgiven? Furthermore, if you leave the company before your... — read more 

I think he’s out

This is geared mostly toward SVP or anyone who might have insight from higher up as to whether ACs & SSAs from USC (which was just dissolved) will actually be redistributed to other programs (as they're currently being told), or if they'll be let go... — read more 

We all know this is going happen soon. I ask and hope that 2U first ask for volunteers for the layoff. The advantage to Thais is that they will be less likely to be faced with various types of employee litigation if they take volunteers. Sure they've... — read more 

Nobody is holding you hostage at 2U. If I hated this place as much as some of you, I'd be putting all of my energy into finding a new job. I can't understand why so many of you don't. What is it that's keeping you here even though you are utterly... — read more 

A delisted stock can theoretically be relisted on a major exchange, but it's rare. The delisted company would have to avoid bankruptcy, solve the issue that forced the delisting, and again become compliant with the exchange's standards. The rebound... — read more 

I hope you've saved some money. Within the next 3 weeks you will see another round of terminations. Please forgive me for not including more details.

I’m in bootcamp admissions and have never been able to swallow the koolaid. The lies they tell us to get us through the day and sleep at night. I’m still here but have been applying elsewhere this whole year. No luck so far and 2U pays my bills. I... — read more 

Re: email was just sent to employees with similar context regarding the stock price as was discussed in earnings call last week. Chip is hiding behind his CFO now?

Chip has got to go. This can’t wait. Chip has lost all confidence from employees and investors. He must be hurting customer relationships as well.

…I hope everyone knows that the people at the bottom of 2U who didn’t destroy the company (admissions counselors, student advisers, placement people, all of us who worked directly with students) actually gave a fu-k about every student we talked to... — read more 

90 and dropping fast

When was the last time we got some positive coverage? Can anybody even remember?

https://247wallst.com/business/2023/11/11/americas-worst-run-company/

There is going to be severe, and I mean severe, cuts b/c we failed to meet revenue expectations. Large staff cuts are about to happen soon. This isn't to improve efficiency, it's to prevent our stock from lingering under $1 to cause delisting and... — read more 

It’s almost like layoffs and firings don’t woek

House of cards tumbling…

https://www.highereddive.com/news/2u-usc-part-ways-online-degrees/699413/

What schools are being discontinued?

Losses even worse than expected. https://seekingalpha.com/news/4000343-2u-plunges-reporting-poor-quarterly-results

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?

Has any one actually received or started to receive their severance pay? My agreement was signed on the 14 but I haven't received anything and I haven't gotten a response about how to elect into COBRA coverage. This is insane.

https://www.reddit.com/r/webdev/comments/fd0kct/the_truth_about_trilogy_education_coding_boot/ I was an employee of Trilogy education for over 2 years with experience inside the classroom and on the administrative side. The following is opinion... — read more 

https://simplywall.st/stocks/us/consumer-services/nasdaq-twou/2u/news/health-check-how-prudently-does-2u-nasdaqtwou-use-debt-1

https://seekingalpha.com/article/4644228-2u-stock-strained-balance-sheet-major-restructuring-needed-sell The stock hit $1.89 today... how long until more layoffs? Can someone put all the execs on a PIP?

Another Chip song and dance. Don't miss it. https://finance.yahoo.com/news/2u-inc-announces-date-2023-130000126.html

Neutral question here: was Friday's paycheck the last one? Or is there one more? Thanks!