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Maryland edtech 2U looks to boost revenue growth a year after edX acquisition, layoffs

February 9, 2023

Edtech player 2U Inc. (NASDAQ: TWOU) has completed the bulk of a corporate realignment that it hopes will yield 3% revenue growth for this year, compared with last year’s 2% growth, while substantially axing losses as it continues to work toward profitability and roll out new online degree and credentialing programs for university customers. The Lanham-based company spent the second part of last year slimming down, modifying its leadership team and restructuring to focus on the edX Inc. online education platform it bought for $800 million in 2021.

Article Source: Baltimore Business Journal

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