We’ve noticed and had several people ask us about corporate changes at Schoology, the LMS vendor. More specifically, the questions have been based on whether they are laying off staff, and what that means for the higher ed LMS market. Short answers – yes to the layoffs, and the company will be more selective on which higher ed opportunities to pursue.
Through phone and email interviews, I asked CEO Jeremy Friedman to respond to these questions.
As you and I have talked about, operational efficiency is a strategic objective for Schoology in 2017. As we built our plan for the year we saw opportunities to focus our efforts and operate at a higher level. This meant that we decided to reduce our headcount by a little over 10%, primarily across sales and marketing. To be clear, we reduced how much we are going to spend in Sales and Marketing, and we increased how much we are going to spend in Research & Development and Customer Success. The net impact is a more efficient company that can invest more in product innovation and our customers.

