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Ed-tech firm Vedantu fires more than 424 employees over scarce capital

Vedantu has fired more employees in the second round of layoffs. The company CEO Vamsi Krishna announced the move through an official blog post.

Edtech firm Vedantu lays off 424 employees, confirms CEO Vamsi Krishna

Talking about the possible reasons behind the lay-offs, the edtech firm's CEO pointed out that the external macroeconomic climate is presently tough, leading to the company finding itself at the moment in a challenging environment.

After Unacademy, popular edtech firm Vedantu lays off 200 employees

Last month, popular edtech firm Unacademy fired 10 per cent of its workforce, which was around 600 employees. As per a report, another popular edtech startup Vedantu has laid off around 200 employees. 

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