What a New Strategy at 2U Means for the Future of Online Higher Education
Edsurge
AUGUST 5, 2022
This acceleration unfortunately means that 2U will lay off approximately 20 percent of its staff across all functions in the second half of 2022. The claim made to financial analysts is that revenue estimates for full-year 2022 would be down 10 percent, but EBITDA (a popular measure of profit) would be up 30 percent.
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