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VEDANTU SACKINGS
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.- Over 70 Indian startups show exit door to 21K techies, more pink slips comingAs global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees in the past 3-4 months, with many more ...
- View: The dispensability quotient of employees in IndiaBe it business plans going awry, cost-cutting, underperformance, the mistake of over-hiring or downright cooking of books — employees are t...
- Blume Ventures closes its largest fund at $250M; Vedantu sacks 385 in fourth round of layoffs this yearSeveral venture funds focused on India and Southeast Asia have been raising record amounts of capital despite the global macroeconomic down...
- Edtech firm Vedantu cuts 385 jobs in fourth round of layoffs this yearThe company had previously laid off 100-full time employees from its sales team in July and another 624 full-time and contractual employees...
- Interviewing for a job? 6 ways to address why you were laid off at previous stintWondering what to say when quizzed about why you were laid off? You have come to the right place.
- Next year will be worse for tech than 2022: Unacademy's Gaurav MunjalGaurav Munjal's edtech startup also sacked as many as 350 employees recently in a bid to reduce costs and turn a profit
- 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...
- 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...
- Vedantu lays off another 100 employees after sacking 624 in MayInterestingly, cofounder and chief executive Vamsi Krishna had said in a memo to employees on May 18 that the previous retrenchment exercis...
- How to solve a problem called edtech? Decoding the fault in a blooming starIndia’s ed-tech industry, projected by India Brand Equity Foundation to be as big as USD4 billion by 2025, is one of the fastest growing ed...
- Byju's says 500 employees laid off across groupWhen contacted, Whitehat Jr spokesperson said that the decision has been taken to realign business priorities and accelerate results with a...
- 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.
- 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.
- 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...
- Now, Cars24 sacks 600 employees; small online sellers face CCI heatThe company, which is backed by SoftBank and Alpha Wave Global, joins a growing list of startups that have fired employees to conserve cash...
- 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 ...
- Ola loses appetite for cloud kitchens; Meta sued for ‘hiring bias’ against US citizensOla is scaling back and looking to sell most of its kitchen equipment.
- Vedantu to sack another 424 employees; PhonePe to buy WealthDesk, OpenQ for $75MEdtech unicorn Vedantu said it is laying off another 424 employees – about 7% of its workforce – just days after sacking 200 contractual an...
- Exclusive: Delhivery CEO Sahil Barua on daring IPO; Cognizant to go fully hybrid by early 2023One company has chosen to plough ahead despite the less-than-ideal conditions. We spoke to Sahil Barua, founder and CEO of Delhivery, in an...
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