2U

2U on 2025-03-31.

2U on 2024-12-04.

2U on 2024-01-22.

On September 28, 2023, online education company 2U announced a round of layoffs as part of significant organizational changes. While the exact number of employees affected was not disclosed, the cuts were implemented to better align the company's operations with its strategic shift toward becoming a unified platform business centered on edX. This restructuring aims to focus resources on areas with the greatest impact for learners and partners, ensuring long-term sustainability. The company, which operates in the edtech industry, emphasized its commitment to supporting departing employees with severance, benefits, and job transition assistance.

In July 2022, online program management company 2U laid off 20% of its workforce as part of a restructuring following its merger with edX. The layoffs, which affected hundreds of employees, were a response to enrollment declines across higher education and the challenges of integrating edX. Concurrently, 2U announced a strategic pivot, reducing its core revenue-sharing fee for degree programs from over 60% to 35% and offering incentives for partner institutions to lower tuition. This shift aims to align the company more closely with industry competitors and address long-standing criticism of its pricing model. The changes reflect broader tumult in the online education sector, where 2U remains a major player despite these adjustments.