At its peak Classplus employed about 800 employees which is now down to about 300 but you'd never see this in news because they have been strategically laying off employees on high salaries one by one. Just today 4 people have been asked to leave (that I know of). They very smartly either shift people to textbook and then ask them to leave from there or directly ask them to leave. There's no PIP. The founders are busy with setting up a new college, for some reason. Most of Classplus core business is just flat, people are asked to just maintain the business. It is losing big clients to competition. I don't know what the outlook of the company looks like but it's not looking good.
Classplus is falling apart. The CTO, CBO and VP-Business have resigned from the company amidst rumours around financial irregularities. Classplus now joins a long list of Indian startups caught amidst fraud/financial irregularities alleg...
Literally zero sympathy for this sector
I remember reading here last time that they are about to go ‘belly up’ soon - their were multiple senior leadership exits.
Any news?
I’m surprised why isn’t this a news? More than 500 people are fired with crooked strategies planned by founders. With out financial support.
Silent Layoffs in Classplus
At its peak Classplus employed about 800 employees which is now down to about 300 but you'd never see this in news because they have been strategically laying off employees on high salaries one by one. Just...
One of my batchmates got laid off . Wasn’t expecting this. I thought they were doing well