Edtech Brainly Partially Shuts India Operation, Lays Off ~72% Indian Team
Poland-based edtech startup Brainly has partially shut down its Indian operations and fired nearly all of its team in the country.
Source: inc42.com
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Layoff worries mount in India: Udaan, Practically, Brainly latest to fire staff
Udaan is laying off 300–350 employees in a fresh round of layoffs, according to reports.
Source: dealstreetasia.com
How do mass layoffs impact brand equity?
Startups like BYJUs, Meesho, OLA, among others, have laid of thousands of employees in 2022.
Source: afaqs.com
The Great Hire Fire - BW Businessworld
As startups commence another round of layoffs, the impact of this year’s challenges including investing winter is clearer. A company’s people strategies can change but long-term thinking should not, , Magazine Issue 5 Nov 2022, Nooring
Source: businessworld.in
Sequoia Mulls Investing $50 Mn In Phygital Edtech Startup K12 Techno
Venture capital firm Sequoia India is reportedly mulling investing $50 Mn in its portfolio edtech startup K12 Techno Services.
Source: inc42.com