Unacademy planning another round of silent layoffs in October
Just got to know internally that Unacademy is planning another round of silent layoffs in October.
No severance will be paid. Or any benefits.
New silent layoffs at the end of November. Some teams are merging.
So team members will be moved to new teams and then laid off 😞
Unacademy will now reach an irrelevant status like vedantu etc
Unacademy was always irrelevant as long as GM was leading it 😁
For a sweet year or so, it was a force. At that time VS was taking most of the decisions and GM was burning investors money on relevel and other stupid ideas.
Then GM started making decisions for Unacademy App, rolled out scoring of BU's and that was the start of the downfall.
Karan left, and now almost every senior leader has left.
A few good people are left, but they also switched to offline.
Imagine A & R are running the entire business now. Kisi ka toh samay kharab chal raha hai. A&R ka ya Unacademy ka 😂
Who is VS
There are gaps, there are easy ways to fix these gaps and the upper management is doing nothing to fix anything! It's all a blame game and new copied ideas being churned out. It's a shame of what it has become.
GM is such narcissistic character that he can threaten people of being fired while they are already serving their notices. Someone someday will give him a mouthful or handful. Such is the unculture of Unacademy. It's bunch of yes men whiling away their time till such time they don't find another job. Everyone looks busy due to GM but Hota Kuch nahi Hai.
Time to pivot for the 69th time. 😔
What's happening at Unacademy is sad case of senior management sucking up to GM to keep their jobs and not doing what is actually required to salvage and steer the company in right direction.
Just got to know internally that Unacademy is planning another round of silent layoffs in October.
No severance will be paid. Or any benefits.
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.
GM has laid off a few senior management people today. Both in Online & Offline Business.
Layoffs for teams below them coming soon, maybe after merger of teams
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...