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๐ Bengaluru-based Unacademy has reportedly laid off another 250 employees as it aims to become a profitable edtech unicorn startup, according to media reports. An Unacademy spokesperson confirmed the layoff but did not elaborate on the number of individuals impacted. According to the Inc42 report, 150 employees from the sales department were fired for not meeting their โsales targets,โ while the remaining 100 employees were from various other departments. Financial Express was the first to report the development. According to the report, the restructuring exercise impacted around 600 employees.
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Tax filing platform Clear, formerly known as ClearTax, said it has laid off about 16% of its workforce amid a โbroader strategic organisational restructuringโ. ๐ The Peak XV Partners-backed startup didnโt disclose the exact numbers of employees imp
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Reliance laid off 42,000 employees in FY24 Reliance Industries laid off around 42,000๐จ employees in FY24 compared to a year ago, according to its latest annual report. RILs employee strength stood at 347,362 in FY24 compared to 389,414 in FY23, me
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General Motors (GM) is laying off about 1,000 software employees worldwide to concentrate on more important projects, such as enhancing its Super Cruise driver assistance system, improving its infotainment platform, and exploring artificial intellige
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