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Vedantu sacks 385 employees as tech layoffs continue
On Wednesday, the Tiger Global-backed edtech unicorn sacked as many as 385 employees or 11.6% of its workforce across human resources, learning and content segments.
On Wednesday, the Tiger Global-backed edtech unicorn sacked as many as 385 employees or 11.6% of its workforce across human resources, learning and content segments.
The development comes days after upGrad reported that its losses have widened threefold to ₹626.6 crore in the financial year ended March 2022, as against ₹211.1 crore in the same period last year.