Lido sends final settlement offers to its employeesTeachers, educators, counsellors, and administrative staff have also received a similar offer, the people said requesting anonymity.
19 Sep, 2022, 06.00 AM IST
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...
08 Sep, 2022, 10.41 PM IST
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...
13 Jul, 2022, 06.55 AM IST
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...
30 Jun, 2022, 09.37 PM IST
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.
29 Jun, 2022, 04.59 PM IST
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...
11 Jun, 2022, 06.00 AM IST
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.
07 Jun, 2022, 06.28 PM IST
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 ...
01 Jun, 2022, 06.55 PM IST
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...
24 May, 2022, 07.54 PM IST
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.
23 May, 2022, 04.04 PM IST
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...
20 May, 2022, 09.12 AM IST
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.
20 May, 2022, 06.00 AM IST
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...
19 May, 2022, 08.23 PM IST
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 ...
19 May, 2022, 10.39 AM IST
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...
05 May, 2022, 08.59 PM IST
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 ...
05 May, 2022, 09.34 AM IST
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 ...
28 Apr, 2022, 09.33 AM IST