Both Coursera and Udemy started 2025 with new CEOs. Greg Hart took over at Coursera in February. Hugo Sarrazin started at Udemy in March. Less than a month into the job, both CEOs were in conversations to sell their companies. On April 8, Hart and Sarrazin met for the first time at ASU+GSV. The rest, as they say, is history. In my 5,000-word analysis of Coursera’s acquisition of Udemy, I called the deal rushed. Two new CEOs, both less than a year into the job, merging two public companies. I w

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

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

TL;DR Q1 2026 revenue grew 9% YoY; Consumer segment is up double digits, but Enterprise segment is lagging. The platform fee pushed Consumer margins to a multi-year high, but Enterprise customer count slipped for the first time since IPO. Enterprise grew 7% YoY, ahead of management’s low single-digit guidance, with new GM Anthony Salcito leading execution improvements. In the last earnings report, we flagged Coursera’s struggling segments. Not much has changed, except for one thing: the plat