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LIDO LEARNING LAYOFF
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...- 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...
- 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...
- Lido sends final settlement offers to its employeesTeachers, educators, counsellors, and administrative staff have also received a similar offer, the people said requesting anonymity.
- Cash-strapped edtech startup Lido Learning files for bankruptcyLido Learning’s board passed a resolution in an extraordinary meeting held on September 5 to file an application under Section 10 of the In...
- Unacademy won't sack more workers to cut costs, CEO Gaurav Munjal clarifiesIn April, Unacademy fired around 1,000 employees to cut costs Of these, about 300 were educators who worked with Unacademy on a contractual...
- Over 50K startup employees stare at job loss as India prepares for 200 unicornsNearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacade...
- 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 ...
- Hiring intent remains strong among startups despite job cuts: SurveyThere is likely to be a 20-25% increase in hiring of mid-to-senior talent by well-funded startups in ongoing quarter compared with a year e...
- Digital health platform Mfine lays off 500 employeesThe job cut accounts for about half the workforce at Mfine that had been hiring employees until last month, according to media reports.
- Winter is coming, Y Combinator warns; startups show solidarity amid layoffsThe famed Silicon Valley startup accelerator has told founders of all its portfolio companies to hunker down, cut costs and extend their ru...
- Startups reach out to find jobs for the laid-offScaler, Filo, Classplus, PhysicsWallah, BrightChamps, Teachmint, ByteLearn and Mojocare were some of those companies offering help.
- Cars24 fires 600 employees across departmentsCars24, backed by Japan’s SoftBank and Alpha Wave Global, has joined a growing list of startups such as Unacademy, Vedantu, and Meesho that...
- Vedantu says it is laying off another 424 employeesVedantu had earlier fired 200 of its contractual and full-time employees, amid cratering demand for online education, owing to the opening ...
- Edtech unicorn Vedantu lays off 200 employeesAbout 120 of these employees were on contract while 80 were full-time employees, Vedantu told ET. Almost all were from the company’s academ...
- Cameo, celebrity video shout-out app, says it will layoff 25% of employeesThe decision to reduce our headcount was a painful but necessary course correction” to “balance our costs with our cash reserves,” CEO and ...
- Startups shed flab amid slowdown in large funding roundsThe trend is likely to play out further, though the early-stage funding ecosystem has yet to significantly taper off. Investors have begun ...
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