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Friday, December 9, 2022

Investors are paying more attention—and money—to upskilling | Fortune

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Guild Education collaborates with hundreds of innovative, top-tier organizations to provide their workers with access to retraining programs, tuition aid, and career development services.

According to LinkedIn’s 2022 Workplace Learning Report, 46 percent of learning and development professionals see reskilling as a high priority for 2019. According to reports, the market size for the upskilling business is $370 billion. Last week, Guild announced a $175 million Series F funding round that would aid in the expansion of the company’s operations. Guild collaborates with businesses to provide a payment platform for course, certificate, and degree program tuitions and other education and employment services. The agreement between Guild and PepsiCo will provide workers with access to more than one hundred undergraduate, certification, and other skill-building programs. Approximately 80 organizations are partnered with the firm to offer learning programs, professional development, and one-on-one coaching.

Source: https://fortune.com/education/business/articles/2022/06/08/investors-are-paying-more-attention-and-money-to-upskilling/

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