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INSIGHTS
Latest Post
Black Friday 2024: 50+ Online Learning Deals
Black Friday and Cyber Monday sales are live: Deals from Coursera, DataCamp, edX, Udemy, Skillshare, BBC Maestro and more.
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2U/edX Implements Another Round of Layoffs Amid Ongoing Financial Struggles
Online education company 2U implements fifth round of layoffs since its disastrous $800 million acquisition of edX in 2021.
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Harvard and MIT’s $800 Million Mistake: The Triple Failure of 2U, edX, and Axim Collaborative
The future of Coursera’s only credible alternative for universities rests in the hands of 2U’s creditors.
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2U Lays Off Staff for the Sixth Time Since its $800M edX Acquisition
Class Central, yet again, came across a 2U employee’s layoff post on LinkedIn.
This is its sixth layoff (that we know of) since 2U acquired edX in 2021. The first one happened in 2022 for profitability’s sake.
Since then, the company filed for bankruptcy (mostly due to the debt it took to acquire edX for $800M), took down its bootcamps, exited many university partnerships, and even got delisted from the stock market.
The previous layoffs were framed as strategy shifts, realigning operations, o
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