Another Round of Layoffs at upGrad? Company Issues Statement
Edtech Layoff: People, who are directly in the know of the matter stated that the company may let go of hundreds of employees soon.
Source: india.com
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Edtech Layoff: People, who are directly in the know of the matter stated that the company may let go of hundreds of employees soon.
The company is trying to cut costs and move towards profitability. They reported Rs 4,589 crore in losses for FY21, the largest ever loss reported by an Indian startup.
Unacademy has reportedly fired more than 150 employees in the second round of layoffs at the company.