Topics regarding layoffs at 2U Inc.

Topics regarding layoffs at 2U Inc.

“You have to trust us”

I commend everyone who came on camera and spoke out today. Especially the SSA who summed it up. We can’t afford to live. They are tone deaf and have a few million bucks in bonuses as the rest of us do the work to bring in revenue. While it will never... — read more 

Paul violated the NLRA?

I believe Paul violated the National Labor Relations Act (NLRA) during today’s office hours call by stating, “…I highly recommend you discuss your compensation with your manager and only your... — read more 

Reverse split

As a shareholder, I received my proxy voting materials. There are line items to approve the executive compensation as well as a reverse stock split of either 10 for 1 or 40 for 1. I did not vote in the way the board recommended

Positive outlooks?

All we see and hear about is the negative press and the sh-t show of leadership in the company! I am genuinely curious if ANYONE has even a sliver of hope for the future of this company and its employees?

Thoughts on the studio

I haven't seen anyone’s thoughts on the new creative filming studio spaces. Is there just no talk about it anywhere else because it isn't well known or is it just that no one cares?

Meanwhile, new bonuses for the C suite

In connection with the adoption of the Retention Program, the Company has entered into, or expects to enter into, a Retention Bonus and Clawback Agreement (the “Retention Agreements”) with each Officer, pursuant to which each Officer is entitled to... — read more 

4/3 Compensation Call

SSAs are not getting any salary increase this year. There will be a "retention bonus" for SSAs which is 40% of their expected bonus spread out over 4 quarters. So, like $200 maybe per quarter if you're lucky. No scheduled career pathing/promotions... — read more 

Online is having problems

Another case of unrealistic expectations... https://www.theassemblync.com/education/higher-education/unc-online-education/

2U is shutting down April 15th.

2U is shutting down HQ on or before April 15th, 2024 and moving to a tiny office in Virginia. No one will be allowed back into the building. Most things are being moved into storage or liquidated.

Bonuses

Has anyone heard an update on bonuses?

Consistently depressed and ill due to all the layoffs

This company's unending cycles of layoffs are making me physically and emotionally ill. I have found myself utterly unable to work due to the emotional and physical stress this is causing me. ...And I'm one of the lucky ones, I realize, in that I... — read more 

Delisting warning should be out soon...

This is where to look for the delisting warning from NASDAQ. Should be out soon. Share price is 37 cents, nowhere close to the $1 threshold. https://www.sec.gov/edgar/browse/?CIK=1459417&owner=exclude

Dobbs departure

Is this just a coincidence in timing, or did Dobbs get laid off and trying to hide that fact?

IMPORTANT FINANCIAL NEWS

https://www.fec.gov/bullsh-tlink this is an anonymous board, you aren't cool when you're cryptic, use your fu--ing words when you post random documents you obtuse loser(s)

F**e sale

https://www.sec.gov/Archives/edgar/data/1459417/000119312524060013/d672530dposasr.htm

F*ck it, 2Union

2U continues to hire more and more management bloat while laying off the workers who actually do work. Paul, Matt, Aaron, Andrew, Virginia, and now Matt D, etc, have all received promotions and pay increases despite (because of?) multiple rounds of... — read more 

New email about consortium bootcamps

Dear Educators, I hope this note finds you doing well. As we navigate the ever-evolving landscape of online boot camps, it's crucial we share an update on our path forward. Over the last year, we've seen a decrease in search demand and enrollments... — read more 

All Call

I have no idea how I'm supposed to stay motivated here. That call has left me thinking there is no reason to bend over backwards anymore. I can't get a raise, bonus or promotion. The leads are flooding in and my team can't keep up. I think the... — read more 

Insensitivity in Leadership

Reflecting on AH's Recent Communication Blunder In today's dynamic workplace landscape, effective leadership goes hand in hand with empathy, sensitivity, and an acute awareness of the emotional pulse of the team. However, a recent incident involving... — read more 

Already looking for another job

All the signals are there. It’s time to leave this place. Many of us are not satisfied with our jobs, the work environment is, to put it mildly, unpleasant, and pay is not exactly worth it. From now on, we can expect only more cuts and layoffs, more... — read more 

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| 1180 views | | 3 replies (last February 27, 2024)
Post ID: @OP+1rhRvxR2

Clock is ticking

Very soon our stock will have been below a dollar for 30 consecutive days. Sh!t is about to hit the fan.

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| 1630 views | | 8 replies (last February 27, 2024)
Post ID: @OP+1rggSaKj

Interview with Andrew

"First, let me emphasize that there is a lot to be confident and excited about when working with 2U." https://www.insidehighered.com/opinion/blogs/learning-innovation/2024/02/23/three-questions-2us-andrew-hermalyn

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| 1490 views | | 9 replies (last February 27, 2024)
Post ID: @OP+1rdlVMa7

Don’t bite the hand that feeds you!

Ok this is not going to be popular, but if you are still with 2U, STOP Complaining! You are still getting a pay check and benefits. Instead of biting the hand that feeds you, Work to help make this company make it or get out. PERIOD.

edX brand is down the tubes

Anyone who thinks they can get way with saying they worked for edX, and didn't work for edX before the acquisition--actually building edX--is doing the same deception that 2U is known for its fraud with USC. 2U destroyed edX by trying to make a... — read more 

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| 1240 views | | 6 replies (last February 25, 2024)
Post ID: @OP+1rdkWmK4

Tied down to contract

I don't know how many others are in the same boat, but I am still legally tied to 2U because they paid for my graduate degree. I have almost a year left until I can leave. Anyone have any insight on what would happen if I chose to leave before the... — read more 

April Promotions

I take it they aren’t happening? Is there even a point in staying on this sinking ship?

Heads up

We have an all company meeting next week, sometimes layoffs are scheduled before, the day of, or shortly after these kinds of meetings, sometimes even in these meetings depending on the company. It might be worth it to you to look at the calendar of... — read more 

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| 1300 views | | 3 replies (last February 27, 2024)
Post ID: @OP+1rb6Kc12

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