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Indian edtech Unacademy slashes another 12% jobs


Unacademy has laid off 12% of its workforce, or over 350 roles, in its latest round of layoffs — just over four months after cutting about 350 roles in November.
Unacademy co-founder and CEO Gaurav Munjal announced the new layoff decision in a Slack post to employees.
“We have taken every step in the right decision to make our core business profitable, yet it’s not enough. We have to go further, we have to go deeper,” he wrote in the message reviewed by TechCrunch.
“Today’s reality is a contrast from two years ago where we saw unprecedented growth because of accelerated adoption of online learning. Today, the global economy is enduring a recession, funding is scare and running a profitable business is key. We have to adapt …

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