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Unacademy lays off nearly 600 workers, aims to become profitable by Q4 2022 - Vimarsana News

Unacademy lays off nearly 600 workers, aims to become profitable by Q4 2022

Edtech platform Unacademy, which laid off nearly 600 employees, contractual workers and educators - about 10 per cent of its 6,000-strong workforce across the group - said on Friday that it is focused on becoming profitable by the end of the fourth quarter (Q4) this year in its core business, while investing for growth in group companies.

Unacademy lays off nearly 600 workers in hopes of becoming profitable - Vimarsana News

Unacademy lays off nearly 600 workers in hopes of becoming profitable

Unacademy, Edtech platform, Layoff, job layoffs, EdTech, Unacademy, edtech startups, bqmetered, Youtube, Education technology,

Vasta Platform (NASDAQ:VSTA) Releases Quarterly Earnings Results, Misses Expectations By $0.45 EPS - Vimarsana News

Vasta Platform (NASDAQ:VSTA) Releases Quarterly Earnings Results, Misses Expectations By $0.45 EPS

Vasta Platform (NASDAQ:VSTA – Get Rating) issued its quarterly earnings results on Thursday. The company reported $0.34 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.79 by ($0.45), Fidelity Earnings reports. Vasta Platform had a positive return on equity of 0.71% and a negative net margin of 12.85%. Vasta Platform […]

Lido asks staff to quit as it winds down ops - Vimarsana News

Lido asks staff to quit as it winds down ops

Quality Tutorials Pvt. Ltd, which runs the edtech platform for Class V-XII students, sought the resignations earlier this month because it is looking to wind down operations amid a funding crunch

Edusity & the Babb Group Announce Strategic Merger - Press Release - Vimarsana News

Edusity & the Babb Group Announce Strategic Merger - Press Release

EdTech Platform and Academic Consultancy Join Forces to Provide Full Complement of Online Curriculum and Online Education Delivery Services Mississaug