Edtech platform Adda247 has reduced its workforce by 20%. This move comes as the company experiences slowing revenue growth. Adda247 is pre...

Happy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.

The layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent A...

Chennai-based edtech startup Skill-Lync laid off employees as it consolidates operations across Chennai, Bengaluru, and Hyderabad amid glob...

Teachmint was founded in May 2020 by Mihir Gupta, Payoj Jain, Divyansh Bordia and Anshuman Kumar. It started off as digitising tool for ind...

Edtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS, among others, are looking to reward employees through increments. Othe...

Edtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS among others are looking to reward employees through increments.

The layoffs are part of a massive cost cutting exercise Byju’s initiated last year to streamline its operations at a time when digital K12 ...

Total expenses, which was led by people costs, went up 19% in the reported period of FY22, at Rs 890.93 crore. People costs, a growing conc...

Edtech unicorn Lead is set to acquire the K-12 India business of British educational services company Pearson, which has been divesting its...

Edtech companies accounted for a staggering 44% of the total layoffs. In total, 52 startups fired 17,989 employees spread across edtech, co...

The company had previously laid off 100-full time employees from its sales team in July and another 624 full-time and contractual employees...

Tech, sales and marketing, content, product developers, teachers and contractual staff like testers, have all been affected. While the firs...

This 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...

Interestingly, cofounder and chief executive Vamsi Krishna had said in a memo to employees on May 18 that the previous retrenchment exercis...

MasterClass CEO David Rogier said the decision was taken to "adapt to the worsening macro environment and get to self sustainability faster...

About 120 of these employees were on contract while 80 were full-time employees, Vedantu told ET. Almost all were from the company’s academ...