CEO IS PRIVILEGED, ENTITLED, AND OUT OF TOUCH - Admissions 2U Employee Review

1.0
Sep 29, 2020
Recommend
CEO approval
Business Outlook

Pros

There are no pros at this time

Cons

Recently, the CEO - Chip Paucek, was on an all-company zoom call to talk about racial injustice. He attended this call from his multi-millionaire beach house and talked about how he, a rich white man, did not come from privilege because he grew up poor. AGAIN - he said this from his beach home, on camera, while his Latinx housekeeper cleaned behind him. Needless to say, this is just one of many, many problems at 2U and I am actively looking at new jobs so I can get out of this hell hole.

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2U Response
5y
Thank you for your review. Employee feedback is important to hear as we continue to grow and evolve our culture. Because you are a current employee, you’ve likely heard that diversity, equity, and inclusion are core to our values at 2U as well as recent progress on our ongoing diversity, equity, and inclusion goals.. We know we couldn’t support our university partners, students and our own teams without our 4,000 dedicated and diverse community of employees. Our employees - like you - are our top priority. The social injustice that is happening in our country today has employees around the globe feeling sad, disappointed, and frustrated. Our 2U leadership team remains steadfast in our commitment to supporting our employees. Our leadership teams are meeting with their teams to listen with understanding, make sure all voices are heard, and provide support so our employees can feel as safe as possible within the 2U community. That included speaking transparently and vulnerably about their personal journeys to become stronger allies. Through our allyship, our leadership team has, and will continue to, use our voice to speak up and speak out against racism and injustice for those who feel they cannot speak up. 2U remains committed to supporting our employees and focused on diversity, equity, and inclusion efforts. If you are open to it, we would appreciate an opportunity to speak with you directly to better understand your experiences. Please reach out to feedback@2U.com and reference "my Glassdoor review" so we can talk.

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Pros

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Cons

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Pros

Coworkers across the org were amazing people at all levels. Years ago it was a very rewarding and special place to work.

Cons

Senior management (SVP and up and especially C-suite) is disconnected, lackluster, and has no plan other than to milk the company for whatever is left while they boast about how incredibly intelligent they are. The company went from a great culture (in spite of horrendous DEI policies between 2020-2024 that drove a wedge between employees who had differing points of view) to a cultureless hellscape where layoffs or fear of them were constant and brain drain was the norm as anyone who could leave did. Now a conga line of executives jump on board for ridiculous salaries as they make senseless course corrections while disregarding the advice of the few fantastic VPs and directors who remain- belittling them on calls and ignoring their expertise in front of their subordinates. Soon after their plans fail, they leave- much richer and with much more to boast about on their resumes as compensation declines and workloads for the lower level employees increase in their wake. In most cases, total compensation was reduced by nearly 25% a year for multiple years in a row since 2020 through loss of stock options, ESPP, and bonuses while layoffs contributed to a dramatic shift of workloads to some departments and employees.

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