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.
Ah damn that is big Scaler was truly one of the promising Edtech plays, I know there have been negative sentiments, but believe me they’re much better than Byjus and Unacademy
Sad to see another one…
They spent more money on YouTube ads than making the company a better place. Now they will hire some more random actors to do their ads instead of teaching staff 😂.
I am one of employee effected with this layoff today morning. Just like any other day I tried to log in to slack and gmail but unable to do so and my colleague informed me that my slack is deactivated but then after few hours they have clearly informed me on a meet that I am laid off this is not because of my performance more like an issue with the company's financial situation and severance will be paid. End of the day its a sad thing for any employee to go through which will make them question their self worth. But they gave me closure instead of leaving me hanging for confirmation😕
Take care bro, ping me if you are a techie I will try to refer
Feel sorry for you,.. Is it possible to reveal the placement rate of the company?
Bengaluru-based edtech startup Scaler has laid off around 150 employees, or around 10% of its workforce. Here is source
Today, Cuemath laid off approximately 50 employees from its Product and Tech teams.
HR-Tech platform recently laid off 10% of their workforce and also announced pay cuts for the employees.
Funny how they boast about not having to layoff employees in media.
