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Employees were asked to resign voluntarily and were offered the salary for August and September as their final settlement, according to sources.
The edtech sector scaled record highs during the pandemic as education moved online, but has since been among the worst affected in terms of funding and layoffs, particularly in the tuition, K12 and test-prep segments.
The laptop devices are an addition to the company’s support package for the employees, who were working in various departments across the startup.
Unacademy's latest round of layoffs comes just four months after the SoftBank-backed edtech laid off 350 employees or about 10 percent of its staff in November.
Byju's had in October last year sacked around 2,500 employees on the pretext of introducing cost-cutting measures and avoiding redundancies. -- aaa