WebMar 30, 2024 · BENGALURU, March 30 (Reuters) - Indian edtech startup Unacademy is laying off 12% of its workforce, citing a funding winter and pressure to turn profitable, … WebNov 6, 2024 · Immersive K-12 (kindergarten through standard 12) edtech platform Practically has laid off permanent staffers across departments, while also failing to pay salaries to many of its contractual and ...
Latest Tech Layoff Trends in Three Charts - IEEE Spectrum
WebJun 6, 2024 · Layoffs, restructuring, slowdown: India’s edtech firms are struggling post-pandemic. The slowing demand for technology-based education services, coupled … Web2 days ago · I know that ed tech is the newest thing.” ... added nearly 40,000 employees from February 2024 to February 2024 — only to announce plans last month to lay off 19,000, or 2.5% of its workforce ... front mounted lawn tractor
These edtech companies have laid off their employees in the last …
WebMar 31, 2024 · According to Techloy's layoff tracker, startups in India laid off almost 2,000 employees in March 2024 alone. Indian edtech Unacademy fires 10% of its workforce Indian online learning platform Unacademy, has slashed 10% of its workforce in its second round of layoffs this year, citing harsh economic conditions. WebNov 10, 2024 · Educational technology (ed tech) companies have been working through painful downsizing for a couple of months, with layofftracker.com reporting significant staffing cuts at 2U, Byju, MasterClass, SkillShare, Eruditus and others. Higher ed people may think we are insulated from the layoff contagion spreading to our campuses. WebJan 20, 2024 · Indian EdTech was hit the worst. 2024 & 2024 have been incredible years for Indian startups in the education segment with US$2.8 billion; however, today, the case is different. Unacademy, last valued at $4 billion in Jan 2024, laid off over 600 employees to cut the burn in April 2024.Relevel, a division of Unacademy, sacked 20% of its personnel ... ghost recon breakpoint loot