I am an investigator at L.R. Hodges & Associates, Ltd. (LRH&A). We are a US-based investigation firm working with a law firm that is representing shareholders in the class action lawsuit against 2U, Inc. and certain individual defendants in the... — read more 

https://www.frankcruzlaw.com/wp-content/uploads/2024/05/2U-Filed-Complaint.pdf

Just wondering...

We all know the new VP is out to slash jobs to meet the 25% workforce reduction they were tasked with by the end of the year… I am not part of their “click” so I know my time is coming. We know they are going to keep their friends on and most likely... — read more 

Why in the world does he think that putting up photos of his expensive NYC dinners at fancy restaurants entertaining clients is motivating to us? We are drowning here and leadership is having fine wine and escargo and of course writing it off as a... — read more 

Has anyone tried eCornell? Sounds like an easy gig.

Anyone know how to get access to your W2 or paystubs after leaving? I thought I got sent an email about it but can't find it.

I’ve heard rumors of another wave in Nov. anyone hear anything similar?

Now that we have heard from our new owners and leaders do we think the layoffs mentioned before are still planned soon?

Quick Look at the job postings for 2U and it’s clear US positions are being phased out at a rapid pace… given their admission that their new “insurance” plan isn’t actually an insurance plan and a “third party vendor” they hope attrition will speed... — read more 

A strategic partner that needs a few good men

Today, we mourn the loss of the old 2U company we once knew and appreciated. We took for granted the perks and culture that defined our workplace. Now, we face a reality where tough decisions are being made—decisions that could see us leaving or... — read more 

Latest example of possible attrition tactics being this Vitori affair, why don’t they just make a VSP round? I’m not leaving for free. Many of us would take VSP and run, because morale, confidence in leadership, our perception of 2U as a workplace... — read more 

This insurance plan is a sick joke… or is this their plan to get all of the US employees to jump ship so they can outsource without paying severance?

If you think you're being underpaid, maybe go somewhere where you will be paid what you think you are worth. Looking for a new job is probably a better use of your time and energy than spamming an all company call with futile requests for updates on... — read more 

Cringe

https://www.bisnow.com/washington-dc/news/office/embattled-tech-firm-2u-moves-hq-to-crystal-city-as-ceo-departs-126188

It’s disheartening to see fellow employees petitioning for others to be let go based on unfounded claims about their work ethic and job performance. Just worry about your own performance.

"So who's next on the chopping block?" Does anyone have any idea? Has any one confirmed the rumors that Exec ACs will be next to get let go? I heard some sources that also some Admissions and Student Engagement Directors and Managers might be let go... — read more 

Long overdue for him to be gone but at least he got paid his bonus early! Maybe the new Board will actually be useful this time if this is one of the first things they did.

The lack of communication is making it so very hard to concentrate. The leadership has handled employees here so badly. IT CAN NOT BE BUISNESS AS USUAL. We need more communication and direction.

https://www.nytimes.com/2024/09/29/us/caltech-simplilearn-class-students.html?searchResultPosition=1 2U is not alone...

Good thing our targets don't read much. https://www.highereddive.com/news/rising-costs-student-debt-turn-graduate-degrees-into-a-risky-proposition/728077/

I am curious to find of 2U will be silent owners or actually be running the show? Will we have the same leadership running the company? I can’t wait until we have a meeting with the new owners and we get clarity. But then again it may not make a... — read more 

To the people who mentioned layoffs are coming before Paul talked about “refinements”… Where did you get your intel? Can you expand? What departments?

The company states they value their employees however, not enough to be transparent with us. What is next for this company. Have not seen any thing being done differently. Continue to be told to drive urgency and push students to complete their... — read more 

Whats the feedback? Hows the attendance?

I get the impression there are other unsatisfied parties besides USC and Fordham.

Admissions and Student Success within degree are the heartbeat and lifeline of this organization. So many ICs are coasting bye as they are meeting the minimum kpi/metric. If the company wanted profitability they would drive results, results are not... — read more 

Circus, Circus Las Vegas! Clown leadership. Give us all snow cones and cotton candy for our work on the ground since you can’t compensate us. I guess you guys* (except one woman thank god AH pointed her out) took all the dough.

"Transparency does not mean telling you everything I know." -Paul S Lalljie While the executive team promotes transparency, their actions suggest otherwise. They continue to obscure the truth, selectively sharing information to manage perceptions... — read more 

They acted like they had no idea any of the questions about layoffs, raises, retention, transparency, diversity would be coming. What exactly does “speak up and commit” mean? “Oh but don’t forget we have that one woman in the room!” I bet she does... — read more 

Paul did a fabulous job displaying a callousness that brutal dictators would be proud of, during the company meeting. It’s clear where this company is headed and the employees are NOT the priority.

Get ready

"Upon emergence from Chapter 11, 2U will be governed by a new Board led by Brian Napack as Executive Chairman. Mr. Napack is a longtime education industry executive, former CEO of John Wiley (WLY), Chairman of the Association of American Publishers... — read more 

https://www.butzel.com/alert-are-dei-based-termination-decisions-creating-liability-for-your-company the layoffs have clearly had a diversity based component to them. Is it illegal? Do people who have been laid off have grounds for lawsuits?

Voluntary separation programs Some organizations offer voluntary separation programs to encourage employees to leave voluntarily. These programs often include a buyout package that resembles a severance package

https://www.asugsvsummit.com/video/the-magic-of-thinking-big-reaching-edtechs-massive-market-cap-potential-with-chip-paucek

https://www.insidehighered.com/news/tech-innovation/administrative-tech/2024/09/12/fordham-files-cut-ties-incompetent-2u

59 pages plus exhibits.... https://www.sec.gov/ix?doc=/Archives/edgar/data/0001459417/000119312524216174/d897024d8k.htm