Masai was the only one left that had pay after placement. Scaler and Newton both moved away from it.  
  
 From a demand perspective, pay after placement is super useful. Challenge is solving the funnel from admits to acceptance to graduating students. Thats what throws off the economics.  
  
 Plus the cost of financing, it used to be 25% which is borne by Masai.  
  
 Students dont trust courses very easily unless there is a way to make the money back through a job.

Founder’s Office

Just saw that. Thanks for flagging. That company had some real shady student practices. Indian counterparts have not done such things but struggled to place students and as a result created issues for students.

Strategy & Operations

statement from edtech are similar to fuel efficiency comment from auto companies.
They are applicable only  under certain conditions.

Consultant

Software Engineer

Welcome to Indian Startups's Private Community

What is situation in all placement guarantee edtech Newton, Masai, etc

What is situation in all placement guarantee edtech Newton, Masai, etc- Grapevine

Do people really get a job post completion of upskilling courses?

How does every Edtech promise job guarantee? Aren’t there limited jobs?

Product Owner

What's the situation of edtechs in India? Any positive signs after BYJU's raised money?

Edtechs scenario

Growth Manager

My friend has a job offer at a senior level at Newton school, but we are a bit skeptical about the culture at institutions like these.
Can anyone who is a current or ex employee tell about their culture and about their founders?

Want to know about the culture at Newton school

Generalist

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 fresh Layoffs 😶‍🌫️

Many companies laying off employees while they're hiring parallely, if you know any such companies please share there name....so we don't end up joining such confusing workplace......

Hiring and firing parallely

In Zomato and Blinkit they putting pressure on employees based out of Bangalore office to either relocate to Gurgaon office or creating situation where they end up resigning

Welcome to Software Engineers's Private Community

Am currently in a circuital branch of a nit (graduating in 2025) preparing for tech jobs , not one of those brilliant minds , okayish on leetcode trying to cover major dsa topics and important questions.
But everyday I keep hearing about layoffs, AI, recession, cost cutting etc
Should I do something different, should I keep preparing  for tech jobs or I should shift to core jobs or GATE, really confused !!

Placement dilemma, recession,job cuts , suggestions ??

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.

30% Salary Cuts at Unacademy

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.

Growth And Strategy

Program Manager

Any background on the Scaler Business school? Considering how stoa, mesa and Mu are managing and the multiple layoffs, how is theirs going to be different - both from a differentiator and operating style?

Scaler School of Business? Now?

Senior Consultant

I recently took admission in Newton school of technology for my further studies in btech cs and ai but as everyone there are many doubts about the future of this 
Firstly they offer a degree of Rishihood University which many don't know about seeding a doubt about the value of the degree 
They offer a new curriculum where there would be no physics chemistry ig so they are basically focusing completely on placements and coding .
Afterall it's a startup and you never know the future and that too after 4 years 
I still have time to rethink upon this , does anyone have more insights about this ?

How good are Scalar or Newton school of technology

I heard from someone in the industry that Stoa laid off most of the people and only 7 of them are still there, including 4 of their co founders. The Main reason was that they were not able to provide placements to the members and their experience had turn to shit . What is happening with ed tech , also the sauce is that now they are pivoting into self paced courses following the coursera model. Alternative MBA nahi chal payega India .

Stoa laid off 90 percent of their workforce

MBA (any course for that matter) is a “means-to-an-end” to a good job. If no job no demand of that course . Maybe they weren’t able to screen good candidates. As good candidates go to top B schools. The avg guys didn’t get job as expected and then revolted .  
 Many edtechs tried this model of taking avg students and promising jobs but jobs are hard to come by even for good candidates. Hence their models fails.     
 If education in India has to be improved it has to start at the school education.

Founder

Hi guys, what's the status of the job market rn?  I am from a good college but worried about Placements because of recession anol. Do companies have stopped hiring. Btw I will be sitting for software roles in placements..

Worried about Placements 2024 Batch

This has become a common discussion topic in my friend circle when we think about switching jobs. Earlier Google used to be number one choice for many, but now due to layoffs and the hear-say about toxic work culture in google cloud things are changing and people are preferring other companies. Is it the same for you as well ? has your perception of Google changing too? Is google loosing both the cloud and AI battle? 
@google

Is Google no longer the dream company it used to be?

Welcome to Product Managers's Private Community

I have been on this journey for a long time now. Lots of failure comes with loads of learning. Each step or initiative I took has helped me grow as a person, the business guy (ed-tech, media space), and also in terms of technicalities (full-stack product management, hardcore hands-on into technology and I love user experience)

Ps: currently running an edtech startup in pre-seed/seed stage

Feel free to ask anything, would be happy to help even personally

5 years of failure (Entrepreneurship) AMA

Apart from placement assistance/guarantee, what exactly is something that EdTech companies in the upskilling/higher education space (Scaler, UpGrad, etc.) solving that can’t be solved by free material available?

P.S. Not a rant. I’m genuinely trying to understand what drives people to pay such hefty amounts to these EdTech companies. Maybe someone in the industry can help with this.

EdTech USPs

Edtech layoffs still continuing?

Teams were asked to strictly work from home for today because of plumbing work going on in the office. Roughly 300 people were laid off in a townhall hosted by the founders.

Scaler lays off 20-25% of their workforce

How will they tell people that their courses will help get a job in a product company now?

Recruiter

Software Developer

Welcome to Office Gossip's Private Community

Ask me anything about Byjus

Engineering Manager

Welcome to IT Company Discussion's Private Community

I am currently  working as SSE at infy but i want to swith my job but want to learn devops and switch it but want to get high package and  assurance of placement which learnig platform.is best

Suggest good learning platform  with placement guarantee

System Engineer

What do you think of the future of Edtech in India from the perspective of job opportunity and job security?

Edtech in India - A Titanic Ahead?

“There used to be an educator delight team of five-six people whose only work was to send gifts to the teachers: T-shirts, water bottles, big boxes of chocolates. It all used to be sent directly to the teacher’s house. The founder himself used to be involved in this. But now that team has been sacked,” said a former employee of Unacademy, on the condition of anonymity"..

The above clipping is an article on edtech. People who joined these role- did they  honestly  believe this job has a long term prospect? 

If this is the job our youth are working,  we should be ashamed of this whole sector.

What is situation in all placement guarantee edtech Newton, Masai, etc

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