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Latest Posts
2U Lays Off Staff for the Sixth Time Since its $800M edX Acquisition
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
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10,000+ Free Courses from Tech Giants: Learn from Google, Microsoft, Amazon, and More
Including thousands of free certificates and badges from these leading big tech companies.
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The Business of Online Education: A Deep Dive Into Coursera’s Financials
Discover how Coursera makes money, its different segments, revenue growth, margins, and more.
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Chasing 100M Daily Users, Duolingo Reconsiders Ads, Paying Influencers, and Its Most Expensive Plan
This year, Duolingo announced a major strategic shift: from monetization to user growth, with a target of 100 million daily active users by the end of 2028.
To get there, it needs to grow about 25% year over year, every quarter. In Q2 2026, daily users grew 23%, to 58.7 million, the first time growth has sped up in two years.
Duolingo also disclosed a roughly $10 million bonus that pays out if Q4 growth hits 25% or more.
Paid subscribers grew by about 200,000 in the quarter, the fewest since 2
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