Monday, October 16, 2023

OPMs on ‘Life Support’ in Changing Online Marketplace - Lauren Coffey, Inside Higher Ed

The online program management industry is “on life support,” according to some experts who point to multiple shake-ups at some of the biggest players in the market. Online program managers, better known as OPMs, made headlines over the summer with the sale, rebranding and subsequent layoffs at Pearson Online Learning Services, now known as Boundless Learning. While declining to give exact numbers to Inside Higher Ed, Boundless Learning CEO Kees Bol said the company laid off roughly 30 percent of the company “across all levels and functions” following the sale of its online services division. A Pearson representative declined to provide further comment beyond the company’s initial statement.