2U, the online education giant that acquired edX last year, just saw its stock price drop by half.

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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

In January each year, Class Central publishes a list of the most popular online courses released by major course providers in the previous 12 months. The most popular course in the latest list turned out to be Google AI Essentials, launched by Coursera in April, 2024. More than 900,000 learners have enrolled, more than the combined total of all new courses launched on edX, FutureLearn, and Swayam in the same year. What’s even more surprising is that (unlike the vast majority of Coursera course