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Edtech unicorn Unacademy lays off 1,000 employees: Report
short by Kiran Khatri / on Thursday, 7 April, 2022
Bengaluru-based edtech unicorn Unacademy has laid off around 1,000 employees in the past few weeks as part of a cost-cutting exercise, ET reported citing sources. An Unacademy spokesperson said, "A small subset of employee, contractor and educator roles were re-evaluated due to role redundancy and performance." Unacademy was last valued at $3.4 billion in a funding round in August 2021.
read more at Times Now