Tag: Unacademy
Companies & sectors that topped the layoff race in 2022
Mass layoffs were quite rampant across the globe in the second half of this year, that is, 2022. The India story was no different.
Leading...
Unacademy lets go 350 jobs amidst funding winter
There has been a second round of layoffs at Unacademy, affecting 10 per cent of its 3,500-strong workforce this time. About 350 employees have...
Edtech platform, LEAD, cuts jobs, reduces team size
In a bid to cut costs and focus on profitability, LEAD, an edtech platform, has laid off a significant number of members from its...
Unacademy resorts to cost-cutting measures before IPO
Unacademy, the edtech unicorn, is taking measures to cut costs and focus on profitability. As part of the exercise, its founders and senior management...
Unacademy lays off 6,000 as part of cost cutting
Unacademy, the Indian edtech startup, has let go of about 600 employees from its almost 6,000-strong team — about 10 per cent of its...
Unacademy offers free subscriptions to children of employees, educators
Unacademy, the Indian learning platform, has announced a new policy for the children of its employees and Plus Educators.
‘Unacademy Nurture’ is a policy which...
Unacademy elevates Vivek Sinha as COO
Unacademy, an edtech platform, has elevated Vivek Sinha as chief operating officer. In his new role, Sinha will lead the business verticals of Test...
Unacademy acquires professional networking and future-of-work platform, TapChief
Unacademy, the Indian learning platform has acquired TapChief, the professional networking and future-of-work platform. As part of the deal, Unacademy will acquire a majority...
Unacademy triples valuation to $1.45 bn; enters unicorn club
Gaurav Munjal-led Unacademy tripled its valuation to 1.45 billion after raising funds
to the tune of $150 million from Masayoshi Son-led Softbank’s Vision Fund 2.
The...
Hundreds of Walmart jobs being cut at its 5 e-commerce fulfillment...
Walmart has been in the news lately for laying off several employees at its five e-commerce fulfillment centres across the US due to a...
Latest
How Apple cuts costs without laying off employees
The IT sector continues to witness layoffs as many leading players, including Meta, Credit Suisse, and Disney, cut jobs to reduce costs. In the...
Air India sets aside up to 200 crore worth severance pay for employees
Air India, a Tata Group-owned airline, is reportedly offering a voluntary retirement scheme (VRS) to almost 2,000 employees and has assigned up to Rs...
“HR focus will dwell upon operating at lower costs and raising productivity,” Ramesh Mitragotri
2022 was a volatile year for HR & workforce
The year for many businesses did not look bright as had been envisaged in the previous...
“In the future, we will need fungible talent to manage businesses,” Rajesh Jain
2022 was a volatile year for HR & workforce
In the market, events ranging from the Great Resignation to massive layoffs are a matter of...
DIALOGUE
EQ, IQ & empathy define the success of a CEO
Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...
“The big change has been that we have moved from jobs to skills,” Amaresh...
Q. How would you define the culture at GE?
A. Having been present in this region since 1902, GE has been around for 120 years....
“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton
Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...
