2U Layoffs

Discussion in 'General Distance Learning Discussions' started by JoshD, Aug 5, 2022.

  1. JoshD

    JoshD Well-Known Member

  2. Dustin

    Dustin Well-Known Member

    I assumed it was going to be "workforce adjustments" to return to pre-pandemic demand, but no, this was a calculated strategy to cut costs in order to keep more profit. I don't know if that gamble will pay off. Interesting indeed.
    chrisjm18 and JoshD like this.
  3. AsianStew

    AsianStew Moderator Staff Member

    2U recently purchased edx, now an Indian Ed firm is looking to buy 2U... Originally for $1 billion, but now they've got up to $2.4 billion if it ever needs to go that high! It's acquisition after acquisition... companies eye others and wanting to merge with the smaller player to get into all sorts of niches and verticals...

    TEKMAN Semper Fi!

    Wow, never heard of Byju, but it owns a product that that I use for the kids, Epic (getEpicDOTcom).

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