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Unacademy lays off 250 employees across sales, marketing, and product departments.
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The layoffs are part of a restructuring effort to streamline operations and enhance business efficiency.
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The company will support impacted individuals during the transition.
Unacademy, an edtech startup, has laid off 250 employees as part of a restructuring exercise to streamline operations and enhance business efficiency. The layoffs have impacted various departments, including sales, marketing, and product. According to sources, around 100 positions were cut from core functions like business development and marketing, while the remaining layoffs affected the sales team.
Unacademy confirmed the job cuts but did not disclose specific reasons. In a statement, the company said that the restructuring exercise was necessary to achieve sustainable growth and profitability. While the transition may not be easy, the company will support impacted individuals during this period. This move comes after previous rounds of restructuring in 2022 and 2023.