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Career Karma’s latest layoff underscores edtech’s new challenge



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Learning navigation platform Career Karma has laid off another 22 people across its global and domestic workforce, less than five months after it cut 60 staff members, according to sources. CEO and co-founder Ruben Harris confirmed the workforce reduction to TechCrunch.
The cut shows that even as many edtech companies attempt to right-size their staff, there’s more work to do. Harris’ e-mail to remaining staff underscores the tension of today: once eager enterprise customers are still making up their minds on whether or not to sign up for new tools, leading to extended sales cycles and uncertainty.
“Last year, we made the decision to right size the company so that we can orient Career Karma towards working with employers and now that we have started to sign customers it’s clear that we made the right decision,” Harris wrote in the email. “What’s unclear is how Fortune 1000 companies will be responding to the macroeconomic environment and it’s important for us to give our …

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