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Coursera’s Chief Officers Shuffled in Staff Shakeup

Oct 31, 2017

A DIFFERENT, DIFFICULT COURSE? Recode reports that “as many as 40 employees, about 13 percent of staff” have left Coursera, the Mountain View, Calif.-based online learning company. The departures include the company’s operations, marketing, product and financial chiefs, along with its general counsel.

A company representative said that “less than 5% of roles have been impacted due to a reorganization.”

The shuffling comes about five months after Coursera appointed a new CEO, Jeff Maggioncalda, who cut his chops in the financial tech industry, and raised $64 million in Series D funding. The company has raised $210 million in total.

“2017 has been a very strong year of growth for Coursera. As we plan for the future, we continue to be proactive and intentional about how our organization is structured,” a Coursera spokesperson told Recode. “These changes simplify our structure, significantly improving our ability to respond to the needs of our learners, partners and customers.”

Editor’s note: The piece has been updated with a statement from Coursera about the percentage of staff impacted by the reorganization. The representative disputed the 13-percent figure reported by Recode.

Community

Coursera’s Chief Officers Shuffled in Staff Shakeup

Oct 31, 2017

A DIFFERENT, DIFFICULT COURSE? Recode reports that “as many as 40 employees, about 13 percent of staff” have left Coursera, the Mountain View, Calif.-based online learning company. The departures include the company’s operations, marketing, product and financial chiefs, along with its general counsel.

A company representative said that “less than 5% of roles have been impacted due to a reorganization.”

The shuffling comes about five months after Coursera appointed a new CEO, Jeff Maggioncalda, who cut his chops in the financial tech industry, and raised $64 million in Series D funding. The company has raised $210 million in total.

“2017 has been a very strong year of growth for Coursera. As we plan for the future, we continue to be proactive and intentional about how our organization is structured,” a Coursera spokesperson told Recode. “These changes simplify our structure, significantly improving our ability to respond to the needs of our learners, partners and customers.”

Editor’s note: The piece has been updated with a statement from Coursera about the percentage of staff impacted by the reorganization. The representative disputed the 13-percent figure reported by Recode.

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