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FRONTROW LAYOFFS
FrontRow shuts shop, likely to return 20% of capital raised to investorsBengaluru-based FrontRow, which raised $18 million since 2020, had laid off 90% of its employees over two rounds to rein in costs in a fail...
Layoffs in 2023: Microsoft, Cognizant, Accenture among latest firms to cut jobs amid economic turmoilThe layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent A...
Layoffs in 2023: Cred, Meesho, Dunzo among Indian startups & tech companies that have cut jobsIndian startups, too, have been impacted over the last 6 months as they struggle to raise funds in a tough global environment.
Amid layoffs, clutch of edtech firms roll out hikes and ESOPSEdtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS, among others, are looking to reward employees through increments. Othe...
Pay hike on the cards for edtech employees after an edgy 2022Edtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS among others are looking to reward employees through increments.
Byju’s continues to cut jobs, another 1,000 employees laid offThe layoffs are part of a massive cost cutting exercise Byju’s initiated last year to streamline its operations at a time when digital K12 ...
Physics Wallah to hire 2500 employees across verticals by March"The hiring spree is aligned with the brand's ambitious growth goals as it continues to provide top-of-the-line learning opportunities to s...
2022 Year in Review: Fund-starved startups sacked nearly 18,000 employeesEdtech companies accounted for a staggering 44% of the total layoffs. In total, 52 startups fired 17,989 employees spread across edtech, co...
Unacademy cuts another 350 jobs in second round of layoffsUnacademy CEO Gaurav Munjal said employees being laid off will receive severance pay equivalent of their notice period and an additional tw...
North Korea’s crypto-nukes & this week's top tech storiesYears of crippling economic sanctions and pressure from governments in the neighbourhood (mainly China) have forced North Korea to come up ...
Infosys net profit jumps 11% YoY in Q2; DoT to regulate OTT comms players onlyInfosys, India's second-largest IT services company, wrapped up earnings week for the sector on Thursday, reporting a 23.4% year-on-year ju...
FrontRow fires 130 employees in second layoff exerciseThis is the second layoff for FrontRow after it laid off close to 145 full-time and contractual employees in May this year. After the secon...
Edtech carnage continues as WhiteHat Jr lays off 300 employeesWhiteHat Jr posted a total loss of Rs 1,690 crore for FY21, according to regulatory filings filed with the Ministry of Corporate Affairs.
Byju's cuts 600 jobs across Toppr and WhiteHat Jr as Indian edtech space shrinksByju's subsidiaries laid off 600 employees as Indian edtech space reels under global macroeconomic headwinds.
Edtech players go hybrid as online growth slowsCompanies including PhysicsWallah, Byju’s, Imarticus Learning, Cuemath, Vedantu and Unacademy are all in the process of either expanding or...
Physics Wallah turns unicorn amid edtech carnage; Rupeek lays off 200Physics Wallah joined the unicorn club after raising $100 million from WestBridge and GSV amid edtech cargnage.
Edtech startup Udayy shuts down, lays off entire staffUdayy raised around $10 million from US-based Norwest Venture Partners in February. It raised $2.5 million in seed funding a year ago. “We ...
CCI studies 'ecommerce nexus’; IT workers trickle back to officeCompetition Commission of India is studying documents found during the raids that suggest financial dealings between the ecommerce majors a...
Layoffs at MPL, FrontRow; ShareChat set for $300M windfallEdtech firm FrontRow and gaming firm Mobile Premier League announced mass layoffs, joining a host of startups that have sacked employees in...
Edtech firm FrontRow lays off 145 employees, almost 30% of its teamFrontRow said the layoffs were undertaken to increase efficiencies and lengthen the company’s runway. The company said most of the layoffs ...