Cuemath Layoff

Today, Cuemath laid off approximately 50 employees from its Product and Tech teams.

Hi folks, I received an offer from cuemath. I currently work with a bigger org and it's a very stable job. Cuemath is giving a decent pay. The folks that I talked to during my interview sounded nice. My concerns are that it's an edutech so future is slightly unsure. How's the culture, especially in the tech, product, design teams. Are there any chances of a layoff? Please help with whatever information you might have. Thank you.

Heard with some people working there. They have asked many employees to start looking for other jobs. If any other person working there can confirm.

Unacademy to slash 25% of the workforce in another round of layoffs scheduled for the first week of January. The affected employees will not be paid severance pay because the company is struggling badly with the cash. 2024 is setting a sad start for the Edtech ecosystem .

Tentatively JAN third week. ( no runway left for Feb) - Employees could be paid in Esop’s valued at 2.7B $ as per internal disscussions. CLE, Content, Tech and product teams are going to be sliced. All products are going to KTLO. This is the final round - post this the company Survives and sticks to K12 until 2026 OR it files for bankruptcy.☹️ Guys this is my last post about Byjus. All the best Soldiers ! 👋

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.

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.

Source is someone from Cisco. Can anyone else validate or reject this leak/rumour?