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Unacademy fires 250 employees to 'turn profitable'

Link: https://inc42.com/buzz/unacademy-fires-another-250-employees-to-turn-profitable/

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WryExile38

Swiggy

3 months ago

Huh?
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Star_Fisheries

Consultant

3 months ago

Doing more by fewer people, ahh, the classic cost cutting measure taken up by every company which has no idea how to profitable scale a business
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ka123321

Swiggy

3 months ago

Pathetic. How many times these so called another layoff? This is pure scam. Such kind of CEOs and CTOs have no right to be at such higher places. These id*ots come to media and give lectures also. There should be some laws in place for layoffs. These People wake up and do layoff. Some get funding and then do layoff and some vice versa. Some fire and then again post about hiring next month shamelessly. It's like a fashion for the. Layoff is no more a last resort these days. These kind of companies will surely go down the drain. CEOs and higher management should be made to disclose their salary and perks so that junior employees should also know how much salary difference is there and is there really a need for cost cutting. Of not, we should atleast stop respecting/ideologise such people. If possible stop using/promoting their products as well. Treat them the way they treat employees.
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Donut

Stealth

3 months ago

Agreed. People should stop idolising these so called CEOs, they are just a puppet, the VCs are the real decision makers. All these ‘all talk but no action’ companies and their gyaani CEOs like CRED
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AlphaGrindset

Series A Startup

3 months ago

Weren't they going into a merger?
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WordyWorship

Goldman Sachs

3 months ago

Confusing. Aren't they merged into a new company and entity?
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AlphaGrindset

Series A Startup

3 months ago

Last month, Inc42 learnt that K-12 Techno Services held talks to acquire Unacademy. However, the talks are at initial stages. The article says, hmm
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Elon_Musk

X.com

3 months ago

Wasn't the founder criticizing Biju and now this?
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AmazingAndHow

Publicis Sapient

3 months ago

Wasn't the founder lecturing Byjus few days back on why he failed ?
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MassiveFun37

Stealth

3 months ago

Dar ka mahool hai yaha. They laid off all the staff of one business unit. What's worse is monday ko pizza party diya 🤷🏼‍♂️
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Jack3d

Unicorn

3 months ago

They are staring a new language learning vertical. Any thoughts on it?
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FreshRaita

Stealth

3 months ago

The writing was right there on the wall .. and the Einstein sitting on the top of the dome with an aluminium foil is just about giving gyaan on all things he learnt form byjus and other tele prompted shit .. bafoonery at its best. Unacademy - that place where education and academy together went to die… again.
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AptRiding

Gojek

3 months ago

This is why we come to grapevine. For discussions like this
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FreshRaita

Stealth

3 months ago

Stats prove that laying off folks has zero correlation with a company bouncing back. Fix your fucking strategy - don’t red line another employee ID and say okay this one has got to go. Numbskulls
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Sapthinker

Stealth

3 months ago

Late stage capitalism, growth at all cost for a few.
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DingDong

Razorpay

3 months ago

Unacademy is the worst organisation of all times with shittiest founders of all times
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FunnyBones

Plivo

3 months ago

Oldest trick in the book now
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PrinceInDisguise

Stealth

3 months ago

The founder Roman Saini is very arrogant and money minded, he joined AIIMS, didn't pursue a medical line, he joined civil services and left it to start Unacademy. There were multiple red flags at that time but he said that he's not in the teaching business for money. Now it's all about money.
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Donut

Stealth

3 months ago

2 seats for doctor and civil services ruined, who could have gone to deserving people. And now ruining the lives of his employees
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hellotherehappy

Stealth

3 months ago

Here comes the Twitter thread on why being a founder is so hard and tough.
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Torque78

Metamap

3 months ago

Hi guys, i am working on creating a union for White Collar Employees. This union of the people is going to be against the tyranny of the CEO, CTO or Founders -- who have committed so many unjustful acts. We are talking today about 250 families : old parents, wifes, children... who not ? This is original post Checkout this post on Grapevine - https://share.gvine.app/4PRPph9r7swhSGoH8 A Union of-by-for White Collar Employees 4 comments on Grapevine
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BareActivity

Microsoft

3 months ago

When will gurav and top exec stop living in leela palace doesnt that cost money ....
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RemoteBlend4

Stealth

3 months ago

Curating job posts on careerbrige.com
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Grapevine107

Stealth

3 months ago

And Gaurav munjal is busy debating with the Morning Context founder/ editor on the clickbaity title of his article while claiming to have a stellar year ! Their best ever!
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Brutallyhonest

Stealth

3 months ago

Abbababa
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GreenRanger

Small SaaS Startup

3 months ago

Interesting. Did any of you get to read this?
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