- In its second round of layoffs this year, edtech unicorn Unacademy will eliminate 10% of its workforce, or around 350 employees.
- CEO of Unacademy Gaurav Munjal wrote in an email to staff members, “This decision has not been easy and I take total responsibility.”
- Market challenges have compelled us to examine our choices, Munjal added, citing Unacademy’s vow to never lay off employees.