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30% Salary Cuts at Unacademy

Graphy has forced a 30% salary cut on each employee to achieve profitability this year. This cut will be applicable from February onwards until 7-8 months. Truly a sad time for the Edtech ecosystem.

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Gems_Bond

Stealth

8 months ago

I repeat: If you have options, avoid joining EdTech companies. If you're already working for one, exit at first opportunity. Indian EdTech companies are largely sweat shops in fancy office buildings.
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ConflictedWorkaholic

Can't say

8 months ago

Kinda curious- what’s it about edtech that’s earned it such negative press? Asking cause I’ve an offer from an edtech and want to make a conscious decision
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roct

Accenture

8 months ago

Extremely bad wlb, toxic management in general to please shareholders, massive overhiring and layoffs, giving false beliefs to the people just to make them join, and the scandals involving the founders recently
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AmatureEngineer

Student

8 months ago

In a world where all the knowledge is available at the finger tip, why the hell edtech companies exist
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by Tomdickharry_4

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Unacademy will be laying off 30% of its workforce this week. The list of people who will be laid off has been finalised and received signoff from Gaurav & Roman. Sad State of Affairs.

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Unacademy Fresh Layoffs ❌

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by ApnaElon

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Layoffs at Unacademy’s Graphy

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by Tomdickharry_4

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Unacademy fresh Layoffs 😶‍🌫️

Unacademy will be laying off 30% of its workforce this week. The list of people who will be laid off has been finalised and received signoff from Gaurav & Roman. Sad State of Affairs.

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by Tomdickharry_4

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by DingDong

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Rumours are floating that Unacademy is getting sold by one of its main investors to another Edtech company in their portfolio for just 400 Million dollars, their last round valuation was 3.5 Billion dollars But founder Gaurav Munjal said they have 200 Million in the bank. Getting confused - Is this a repeat of Byju 2.0? They have fired the CTO and co-founder Hemesh Singh and Roman Saini ( other co-founder) is also not seen anywhere I am worried if more people are to be laid off?

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Indian Startups on

by DingDong

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Unacademy in deep shit 💩

Unacademy's COO has stepped down from his position today and will serve a notice period for the next 3 months. Adding to this, Top Educators and directors have resigned too. These are from test prep categories. This seems like a massive call fallout of the company.