Besides the class action lawsuits, is there any precedent for suing an executive? I’m assuming not in corporate USA but why not ask

I'm sorry if this is a stupid question, but I honestly don't know the answer. If we're laid off amid bankruptcy proceedings, do we even get severance?

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... — read more 

Yes, private equity (PE) firms are required to sell the businesses they buy at some point in order to return profits to their investors and the firm. This is known as the buy-to-sell approach and is fundamental to private equity. What will these new... — read more 

If private 2U wants money made. Fire all the time fraud folks and lazy metric ICs. Get a core of ICs who want to drive a business bit hangout, milk a check and gave dance parties.

Nor the golden parachute payouts just a day or two before filing. I expect nothing from vultures but to act within the boundaries of their nature. I also expect all of us to find ourselves adrift in every respect, including guys recently laid off... — read more 

Just curious why this was done in light of the bankruptcy approach

Do you know how banks and VCs work? If not, be prepared for a hard lesson.

Executive bonuses were partially pre-payed two days before filing for Chapter 11 bankruptcy. Today, these bonuses would be illegal to issue. Looting while they still can. Sick stuff. "Given the need to incentivize and retain key employees through... — read more 

Does anyone know if the chapter 11 filing impacts severance?

Even if you believe you're safe, my advice is to prepare for potentially being laid off. The cuts that will happen as a direct result of Chapter 11 will be brutal. Google other companies that went through this situation and you'll see I'm right.

Online education company 2U filed for Chapter 11 bankruptcy protection and is being taken private in a deal that will wipe out more than half of its $945 million debt... — read more 

What the he-l just happened? Was it really a must? PR title sounds sweet but the reality is complex

Can you believe it hasn't happened again? Who's got the tea on when the next round of layoffs is scheduled?

This is what happens when leadership do not communicate with their employees. Rumors or maybe fact? Did 2U refinance the debt?

Employees deserve to have some communication from leadership. Paul has not addressed us in a long time. There has not been any leading going on and it’s time we get an update. The moral has never been so bad. Maybe the truth is they don’t care... — read more 

Looking for a validated answer to what SE Directors and SE Vice Presidents do in terms of driving bottom line profitability?

I have 1800 stocks purchased via espp when I was drinking the kool-aid. I last checked etrade when I was laid off end of 2023 and left it all in there bc the stock was so low. I checked in yesterday and only have 66 stocks. They practically stole all... — read more 

When will we know?

Chip paid for a party culture all the time. But he never had accountability for himself, execs and trickle down Chip used investor dollars to fund his own playground, all while getting a massive tax break if he employed X Amount of PG County... — read more 

Who's next? https://www.chronicle.com/article/why-one-state-is-cracking-down-on-online-program-managers

I can’t push harder or be a good employee anymore. With no financial incentive, what’s the point? It’s a waiting room until we all eventually get laid off. I am just desperately grasping for some motivation right now. I miss the old happy vibe this... — read more 

How are people reconciling the dwindling staffing decision making with student success outcomes? I’m finding it harder and harder not to be transparent with my students that they aren’t really set up for success and full support anymore. Because I... — read more 

What is the plan for office post HQ?

Given the recent post about 2u bringing laid off employees back, does anyone have any experience or success requesting part time employment?

Been hearing that some recently laid off employees are getting emails from HR asking them to reapply because they've laid off too many people. Can anyone confirm or know more about this?

Recently it has been radio silence with leadership. Is there a refinance? Bankruptcy? Rumors are starting to swirl. Time that the leadership especially Paul, give us an update. In the meantime attrition is at an all time high. Moral is in the... — read more 

next earnings call will be in august....? https://investor.2u.com/news-and-events/events-and-presentations/default.aspx what happens if there is an earnings call and no analyst shows up?

I’m interested in hearing DIRECTLY from people who spoke up straight to their faces, not people who are trying to excuse themselves and feel better about staying silent. I was hit by one of the layoffs in the last 10 months, it seems like a few... — read more 

What the title says. It’s getting stuffy in here, so let’s be honest about some of these sorry excuses for leaders. Gotta let it out somewhere.

Would any BC directors in here explain what you do all day? I’ll wait….

What the he-l is this about? What a slap in the face. https://www.linkedin.com/posts/2u_2u-celebrates-teachers-and-healthcare-workers-activity-7213980405513777154-m2y4?utm_source=share&utm_medium=member_desktop

How F’ing frustrating that we can't afford a $5k raise for a front-line AC, yet we're able to allocate thousands for a newly created position. Another misplace priority from Se. Leadership. F U leadership!!!! Hi Team, I am thrilled to announce that... — read more 

It’s time employees get an update. Not the BS meetings with senior leadership that have 1 door out the door. SE is shrinking everyday with attrition, which I am sure is probably why we haven’t had a layoff by now. All we get from managers to... — read more 

It is very confusing why we have 20 SE Directors; not entirely sure what they do to drive $$$$. It’s mostly, just a conduit to communicate admissions/student success to 2 VPs What is going on with Bootcamp? Why is SE always the department to... — read more 

Where is leadership? No updates lately.

Any update on this internally?

Paul: As of your Promotion Date, your regular annual base salary will be $750,000 USD, subject to annual review for increase (but not decrease) by the compensation committee of the Board of Directors (the “Compensation Committee”)... — read more 

https://fintel.io/doc/sec-2u-inc-1459417-ex103-2023-november-17-19678-7404

Levi & Korsinsky Notifies 2U, Inc. Investors of a Class Action Lawsuit and Upcoming... — read more