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...

Several venture funds focused on India and Southeast Asia have been raising record amounts of capital despite the global macroeconomic down...

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

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

Since April 1 this year, more than 43,000 workers from 342 tech companies/startups have been laid off across the world and over 13% are fro...

In April, Unacademy fired around 1,000 employees to cut costs Of these, about 300 were educators who worked with Unacademy on a contractual...

Nearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacade...

The Tiger Global-backed startup’s employee benefit expenses increased by 4.6 times to Rs 407.4 crore in FY21 against Rs 88.3 crore in FY20,...

Companies including PhysicsWallah, Byju’s, Imarticus Learning, Cuemath, Vedantu and Unacademy are all in the process of either expanding or...

FrontRow said the layoffs were undertaken to increase efficiencies and lengthen the company’s runway. The company said most of the layoffs ...

Cars24, backed by Japan’s SoftBank and Alpha Wave Global, has joined a growing list of startups such as Unacademy, Vedantu, and Meesho that...

Vedantu had earlier fired 200 of its contractual and full-time employees, amid cratering demand for online education, owing to the opening ...

Edtech unicorn Vedantu said it is laying off another 424 employees – about 7% of its workforce – just days after sacking 200 contractual an...

New-age logistics startup Delhivery has fixed a price band of Rs 462-487 a share for its Rs 5,235-crore initial public offering (IPO). The ...

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...