Unacademy is still hiring!

I don't understand, the sector that makes sureshot money on small and medium scale is continuously failing on pan India scale. A small IIT coaching in Patna with 2 centres generates profit in crores but these Byjus and Unacademy are not really able to do anything significant in long run.

A lot of people at Unacademy have already resigned, and they are unable to hire replacements from the market( for who knows what reasons). Now as we all know people who are left in the organisation are going to have a tough time. Leaves not being approved, longer hours at work, mental harassment in the name of being available 24*7 is becoming a day to day thing. Now they are forcing people to take up sections of business one has never dealt with and are threatening to fire them if they are denying those roles. People who left the organisation in 2022 are the luckiest and well a bunch of well informed individuals who saw the end of this company before anyone else could have. What a time to be in edtech, indeed

Which startups(or otherwise) are now paying over 50L for 5 years of exp. Additionally esop or rsu around a 1cr( across 4 years). Can be a little lower(~30%) in the case of listed companies.

There has been internal new circulation going on that the IAS Co-founder at Unacademy is finally leaving the organisation. He already sold his stakes in the company worth 700Cr last year and was sticking around because of the face value However with a failure to raise capital and grow revenue, Investors have asked roman to exit. Unacademy is truly going deep shit.

I wonder why all the PM's of Unacademy are leaving. A handful of those left are planning to switch.

Or still the layoff season is on

More than 600+ people have been laid off silently at Unacademy. This round is going to continue till 30th June. The mental harassment and pressure is off the charts. And the irony is that they are still hiring people from the outside while laying off current employees.

Getting interviewed there for a sr business role. They are diversifying into a Naukri space with their product- Nextlevel. What’s your take on their work culture at leadership level and the focus on actual value creation?