EducationUS

2U Layoffs

September 2023

2U announced a layoff affecting 0 employees in September 2023. The company operates in the Education sector.

People Affected

Announced Date

Sep 28, 2023

About

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.