During 2022, the Indian Ed Tech startup BYJU'S downsized its workforce by 2,500 employees, while the startup Unacademy reduced its staff by 1,500 employees. Furthermore, about four Ed Tech startups in India ceased operations in the same year. Ed-techs have been focusing towards profitability and sustainability which is deemed as the main reason for the restructuring of workforce.
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Layoffs by Ed Tech startups in India in 2022 [Graph]. (June 2, 2023). In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1413808/india-layoffs-by-ed-tech-startups/
"Layoffs by Ed Tech startups in India in 2022." Chart. June 2, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1413808/india-layoffs-by-ed-tech-startups/
Layoffs by Ed Tech startups in India in 2022(2023). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1413808/india-layoffs-by-ed-tech-startups/
"Layoffs by Ed Tech Startups in India in 2022." Statista, Statista Inc., 2 Jun 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1413808/india-layoffs-by-ed-tech-startups/
Layoffs by Ed Tech startups in India in 2022 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1413808/india-layoffs-by-ed-tech-startups/ (last visited November 10, 2024)
Layoffs by Ed Tech startups in India in 2022 [Graph], , June 2, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1413808/india-layoffs-by-ed-tech-startups/
