Latest news with #Udemy
Business Wire
a day ago
- Business
- Business Wire
Indeed Partners with Udemy to Empower Job Seekers with In-Demand Skills
SAN FRANCISCO--(BUSINESS WIRE)-- Udemy (NASDAQ: UDMY), a leading AI-powered reskilling platform, and Indeed, the world's #1 job site and a leading job matching and hiring platform, today announced a partnership designed to create a seamless career pathway, empowering professionals to build in-demand skills to successfully secure top job opportunities. The global job site and skills development platform will empower professionals to navigate their career journeys in the era of skills-based hiring The collaboration offers professionals worldwide access to a curated ecosystem where newly acquired skills translate into targeted career opportunities. Udemy learners will receive special pricing for career services through Indeed, such as resume reviews and coaching, while job seekers on Indeed who are new to Udemy can access in-demand skills content as part of Udemy's subscription plans (free for 30 days). 'When the right skills and opportunity meet, something truly incredible and career-changing can happen, but connecting those dots in a practical way can be challenging,' said Genefa Murphy, Chief Marketing Officer at Udemy. 'Udemy helps job seekers quickly identify and develop specific skills employers are looking for, positioning them as ideal candidates in a competitive market. Our new partnership with Indeed embodies our commitment to helping professionals develop new skills that can translate into tangible career opportunities. This is a must in a world where AI is reshaping job descriptions faster than you can refresh your resume.' "At Indeed, our mission is to help people get jobs," said Filipo Bonsanti, VP of Global Marketing & Partnerships at Indeed. "Through our partnership with Udemy, we're giving job seekers and professionals access to a vast catalogue of courses to build the in-demand skills they need to grow – whether it's staying ahead with AI or building core soft skills. By working together, we're helping more people take the next step in their careers and shaping a workforce that's ready for what's next." From Learning to Earning: Learn Skills on Udemy and Get Hired on Indeed This strategic alliance empowers professionals to gain the essential skills necessary to advance their career journeys. Millions of job seekers using Indeed can leverage Udemy's AI-enabled reskilling platform to focus on the right job roles based on their skillset, and transform their overall professional trajectory. This partnership will enable professionals to: Develop In-Demand Technical and Soft Skills: Indeed users new to Udemy can enjoy 30 days of free, unlimited access to over 12,000 courses in the Personal Plan, covering technical, business, and soft skills – an ideal starting point for career advancement. Build AI Fluency: Udemy's Personal Plan offers 800 courses dedicated to strengthening AI-related skills – from AI fundamentals, such as prompt engineering, to tool-specific courses by job role and personas. Leverage Curated Learning Experiences: Udemy recently added Career Accelerators to its Personal Plan subscription to help professionals gain practical, job-ready skills for in-demand roles. Each Accelerator combines top-rated courses, hands-on projects, and interview preparation to ensure learners build technical expertise and business acumen to succeed in the job market. The initial Accelerators focus on today's most sought-after roles such as Data Scientist, Full Stack Web Developer, and more, with additional accelerators and languages being added soon. Create Skills-Matched Job Applications: Professionals can apply for in-demand job opportunities on Indeed that match the skills and certification content covered in Udemy courses, which can increase the chances of landing interviews. Utilize Career Development Services: Professionals in the U.S. will also have access to special pricing on Indeed Career Services, including live resume reviews, interview preparation, and personalized career counseling, to ensure job seekers showcase their skills effectively to potential employers. To build in-demand skills and elevate your career, visit About Indeed More people find jobs on Indeed than anywhere else. Indeed is the #1 job site in the world (Comscore, Total Visits, March 2024). With 610 million job seeker Profiles, people in more than 60 countries across 28 languages come to Indeed to search for jobs, post resumes, and research companies. Over 3.3 million employers use Indeed to find and hire new employees. Indeed is a subsidiary of Recruit Holdings, a global leader in HR technology and business solutions, that is simplifying hiring and transforming the world of work. About Udemy Udemy (Nasdaq: UDMY) is an AI-driven skills development platform transforming how companies and individuals across the world build the capabilities needed to thrive in a rapidly evolving workplace. By combining on-demand, multi-language content with real-time innovation, Udemy delivers personalized experiences that empower organizations to scale workforce development and help individuals build the technical, business, and soft skills most relevant to their careers. Today, thousands of companies, including Ericsson, Glassdoor, On24, The World Bank, and Volkswagen, rely on Udemy Business for its enterprise solutions to build agile, future-ready teams. Udemy is headquartered in San Francisco, with hubs across the United States, Australia, India, Ireland, India, Mexico and Türkiye.
Associated Press
a day ago
- Business
- Associated Press
Udemy Secures $200 Million Revolving Credit Facility
SAN FRANCISCO--(BUSINESS WIRE)--Jun 3, 2025-- Udemy (Nasdaq: UDMY), a leading AI-powered skills development platform with nearly 80 million users globally, today announced the closing of a new $200 million senior secured revolving credit facility ('the Facility'). The Facility, which matures on May 30, 2030, provides Udemy with enhanced financial flexibility to support its long-term strategic growth initiatives. The credit line remains undrawn at closing. Udemy enters into the agreement with no outstanding debt and a robust liquidity profile, including more than $350 million in cash, cash equivalents, and marketable securities as of March 31, 2025. 'This revolving credit facility significantly enhances our strategic optionality at a pivotal moment in Udemy's evolution and the broader global workforce skills development market,' said Hugo Sarrazin, President and CEO of Udemy. 'With over $550 million in total liquidity, we are well positioned to accelerate our AI innovation roadmap, pursue high-ROI growth initiatives across both our Enterprise and Consumer segments, and capitalize on strategic opportunities that may arise in this dynamic market environment. This additional financial flexibility complements our strong cash generation profile and disciplined capital allocation approach, ensuring we can act decisively from a position of strength. As organizations globally face an unprecedented reskilling imperative driven by AI transformation and evolving workforce demands, this enhanced financial foundation enables Udemy to extend our leadership as the essential partner for individuals and enterprises navigating the most significant workplace transformation in decades.' Udemy entered into the Facility with a lending syndicate that includes Citibank, N.A. as Administrative Agent, MUFG Bank, Ltd. as Joint Lead Arranger, JPMorgan Chase Bank, N.A., and Morgan Stanley Senior Funding, Inc. Additional details on the Facility are available in a Form 8-K, which has been filed with the Securities and Exchange Commission and can be reviewed on Udemy's investor relations website. About Udemy Udemy (Nasdaq: UDMY) is an AI-driven skills development platform transforming how companies and individuals across the world build the capabilities needed to thrive in a rapidly evolving workplace. By combining on-demand, multi-language content with real-time innovation, Udemy delivers personalized experiences that empower organizations to scale workforce development and help individuals build the technical, business, and soft skills most relevant to their careers. Today, thousands of companies, including Ericsson, Samsung SDS America, On24, The World Bank, and Volkswagen, rely on Udemy Business for its enterprise solutions to build agile, future-ready teams. Udemy is headquartered in San Francisco, with hubs across the United States, Australia, India, Ireland, India, Mexico and Türkiye. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding Udemy's expectations relating to future operating results and financial position; anticipated future expenses and investments; current and anticipated trends in organizations globally; and our business strategy and plans. The words 'believe,' 'may,' 'will,' 'estimate,' 'potential,' 'continue,' 'anticipate,' 'intend,' 'expect,' 'could,' 'would,' 'project,' 'plan,' 'target,' and similar expressions are intended to identify forward-looking statements. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the caption 'Risk Factors' and elsewhere in our filings with the Securities and Exchange Commission ('SEC'), including, without limitation, our Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 19, 2025. All information provided in this release is as of the date hereof, and we undertake no duty to update this information unless required by law. View source version on CONTACT: Investor Contact Dennis Walsh Vice President, Investor Relations [email protected] Contact Glenn Lehrman Vice President, Communications [email protected] KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: EDUCATION TECHNOLOGY SOFTWARE CONTINUING ARTIFICIAL INTELLIGENCE TRAINING SOURCE: Udemy Copyright Business Wire 2025. PUB: 06/03/2025 09:15 AM/DISC: 06/03/2025 09:13 AM
Techday NZ
a day ago
- Business
- Techday NZ
Udemy unveils AI Role Play for workplace skills training
Udemy has launched a new AI-powered simulation tool called Role Play, designed to support professionals in developing business and communication skills through immersive practice. Role Play leverages artificial intelligence to provide learners with the opportunity to engage in instructor-designed conversation scenarios. The tool allows both organisations and individual instructors to create custom simulations tailored to specific workplace challenges, offering personalised and contextual learning at scale. By combining expert-led content with adaptive coaching and personalisation tools at the enterprise level, Role Play creates realistic environments where professionals can practice and improve skills such as conflict resolution, feedback delivery, and effective communication. According to Udemy, this approach contrasts with traditional publisher models that require lengthy production cycles. Udemy's marketplace structure enables continuous content updates in real time. In the four weeks since Role Play's introduction, creators have published more than 3,100 Role Plays, highlighting the pace at which content can be developed under this system. The release of Role Play follows the launch of Udemy's Innovation Studio, an initiative focused on exploring new ways to design and deliver educational experiences. Role Play represents one of the Studio's first major outcomes and indicates a shift towards more interactive and skill-based learning, where participants can actively practise scenarios rather than only engaging with static content. "At Udemy, we understand that the most effective way to master soft skills is through practice and feedback. Role Play is a great example of the power of bringing together human expertise (through Udemy creators) and AI. Role Play will transform how essential skills are taught and learned, providing an immersive experience that prepares learners for real-world challenges and drives measurable business impact," said Eren Bali, Chief Technology Officer and founder at Udemy. Professionals using Udemy's new tool can simulate a wide variety of workplace conversations, including pitching ideas, negotiating agreements, resolving conflicts, giving and receiving feedback, coaching peers, setting goals, delegating tasks, managing projects, and preparing for job interviews. The platform also provides immediate feedback to users, which the company believes will help accelerate development and contribute to career and organisational success. Role Play is positioned to support organisations aiming to address skills gaps by enabling teams to build scenarios that reflect real-life work situations. Employees can safely practise communication, leadership, and problem-solving skills in a controlled environment, fostering stronger collaboration within teams. Udemy points to recent research indicating that human skills such as critical thinking and adaptability are vital for both individual achievement and the successful integration of new technologies like AI. The tool is also targeted at individual professionals who are looking to advance their careers. Udemy's internal analysis suggests 83% of senior leaders see effective leadership as necessary for skills-based transformation, but only 28% of employees feel their leaders are communicating these strategic changes effectively. The company claims that practising in a risk-free, AI-coached environment can help bridge this confidence and communication gap for learners at all levels. Additionally, instructors and course creators are able to incorporate hands-on, interactive elements into their courses more easily using Role Play. Built to be flexible, the tool enables the straightforward addition of AI-powered simulations to course content, enhancing learner engagement and outcomes. In partnership with AI firm ElevenLabs, instructors can customise the voices of AI characters, choosing from six distinct options that vary in tone and accent, helping to create more authentic conversational experiences. "I've created three Role Play exercises already, and I have to say – this borders on magic! Learners are now able to practice what they learn through real-time conversations, receiving immediate feedback that reinforces the core concepts within my courses. This offers a whole new level of engagement, and learners can apply what they've learned immediately in their workplaces," Frank Kane, a top-rated Udemy technology instructor, commented on the new feature. Udemy has indicated it will continue developing and releasing new technologies through the Innovation Studio, with a focus on integrating AI and human learning methods for workforce reskilling at scale.
Yahoo
a day ago
- Business
- Yahoo
3 Reasons to Avoid UDMY and 1 Stock to Buy Instead
Over the last six months, Udemy shares have sunk to $7.80, producing a disappointing 7.7% loss - worse than the S&P 500's 1.9% drop. This may have investors wondering how to approach the situation. Is there a buying opportunity in Udemy, or does it present a risk to your portfolio? Check out our in-depth research report to see what our analysts have to say, it's free. Even with the cheaper entry price, we don't have much confidence in Udemy. Here are three reasons why UDMY doesn't excite us and a stock we'd rather own. Average revenue per buyer (ARPB) is a critical metric to track because it measures how much the average buyer spends. ARPB is also a key indicator of how valuable its buyers are (and can be over time). Udemy's ARPB fell over the last two years, averaging 1.6% annual declines. This isn't great, but the increase in monthly active buyers is more relevant for assessing long-term business potential. We'll monitor the situation closely; if Udemy tries boosting ARPB by taking a more aggressive approach to monetization, it's unclear whether buyers can continue growing at the current pace. Forecasted revenues by Wall Street analysts signal a company's potential. Predictions may not always be accurate, but accelerating growth typically boosts valuation multiples and stock prices while slowing growth does the opposite. Over the next 12 months, sell-side analysts expect Udemy's revenue to stall, a deceleration versus its 13.3% annualized growth for the past three years. This projection doesn't excite us and suggests its products and services will see some demand headwinds. Unlike enterprise software that's typically sold by dedicated sales teams, consumer internet businesses like Udemy grow from a combination of product virality, paid advertisement, and incentives. It's very expensive for Udemy to acquire new users as the company has spent 67.6% of its gross profit on sales and marketing expenses over the last year. This inefficiency indicates a highly competitive environment with little differentiation between Udemy and its peers. Udemy isn't a terrible business, but it doesn't pass our bar. Following the recent decline, the stock trades at 12.1× forward EV/EBITDA (or $7.80 per share). Investors with a higher risk tolerance might like the company, but we think the potential downside is too great. We're pretty confident there are more exciting stocks to buy at the moment. We'd recommend looking at a dominant Aerospace business that has perfected its M&A strategy. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Daily Express
a day ago
- Business
- Daily Express
Building personal development plan
Published on: Tuesday, June 03, 2025 Published on: Tue, Jun 03, 2025 By: K Krishnan Text Size: IF YOU want to achieve big things in life – whether it's landing your dream job, starting a business, or becoming a leader in your field – you need a plan. Just like you wouldn't start a road trip without a map, you shouldn't navigate your career and personal growth without a Personal Development Plan (PDP).A PDP is your own customised roadmap to success. It helps you identify your strengths, weaknesses, and the steps needed to reach your goals. The best part? It's not complicated. Anyone – students, fresh graduates, or young professionals – can create one. Why Do You Need a Personal Development Plan? Imagine two friends, Ali and Ben. Ali graduates and just takes any job that comes his way. He doesn't think much about skills or long-term goals. Years later, he feels stuck, wondering why he isn't progressing. Ben, on the other hand, writes down his goals, learns new skills, and seeks mentorship. In five years, he gets promoted, starts a side business, and feels confident about his future. Who would you rather be? A PDP keeps you focused, motivated, and in control of your growth. Here's how to build one. Step 1: Know Yourself – What Are Your Strengths & Weaknesses? Before setting goals, you must understand yourself. Ask: What am I good at? (e.g., public speaking, problem-solving, creativity) What do I struggle with? (e.g., time management, technical skills) What do I enjoy doing? (e.g., teaching, designing, analysing data) Example: Sarah loves writing but is shy. She realises she needs to improve her confidence to become a journalist. Her PDP includes joining a public speaking club. Step 2: Set Clear, Achievable Goals Dream big, but break it into small steps. Use the SMART method: Specific – 'I want to improve my English' is vague. Instead: 'I will read one English book per month and practise speaking daily.' Measurable – Track progress. 'I will learn 10 new words every week.' Achievable – Don't say, 'I'll be CEO in a year.' Start with: 'I'll take a leadership course.' Relevant – Does it align with your long-term dream? If you want to be a chef, coding may not be a priority now. Time-bound – Set deadlines. 'I will complete a digital marketing course in 3 months.' Example: Rahim wants to work in IT. His goal: 'I will learn Python programming in six months by taking an online course and building a small project.' Step 3: Identify Skills You Need to Develop Once you know your goals, list the skills required. Hard Skills (Technical): Coding, graphic design, accounting Soft Skills (People Skills): Communication, teamwork, leadership Example: Aisha wants to be a manager. She needs leadership training, so she volunteers to lead a student project. Step 4: Find Learning Resources You don't need expensive courses. There are many free or affordable ways to learn: Online: YouTube, Coursera, Udemy, Khan Academy Books: Atomic Habits (for discipline), The 7 Habits of Highly Effective People (for success mindset) Mentors: Talk to professionals in your desired field. Many are happy to guide youth. Workshops & Seminars: Check out events by MYFutureJobs, ILM Sabah, or local universities. Example: Jason dreams of becoming a filmmaker. He watches free editing tutorials, joins a local film club, and assists a videographer to gain experience. Step 5: Take Action & Track Progress A plan is useless without action. Start small but stay consistent. Daily: spend 30 minutes learning a new skill. Weekly: Review progress. Adjust if needed. Monthly: Reward yourself for milestones hit. Example: Lisa wants to be a fitness trainer. She exercises daily, studies nutrition, and tracks her progress in a journal. Step 6: Overcome Obstacles Challenges will come – procrastination, fear, failures. But successful people push through. Problem: 'I don't have time.' Solution: Wake up 1 hour earlier or cut down on social media. Problem: 'I'm afraid of failing.' Solution: Every expert was once a beginner. Even J.K. Rowling was rejected 12 times before Harry Potter got published! Step 7: Review & Adjust Your Plan Life changes, and so should your PDP. Every 3-6 months, ask: Am I closer to my goals? Do I need to learn something new? Should I change my approach? Example: David wanted to be an engineer but discovered a passion for teaching. He adjusted his PDP to include education courses. Final Thought: Start Now! The biggest mistake youths make is waiting for the 'perfect time'. There's no perfect time – only now. If you're a student, start building skills early. If you're job-seeking, identify what employers want and train yourself. If you're employed but unhappy, plan your next move. Your future is in your hands. Write down your PDP today – your future self will thank you! Note: K. Krishnan is a career coach and writer, passionate about youth development. Follow for weekly career tips! If you have a question, write to [email protected].
