Unacademy layoffs 1,000 employees as cost cutting exercise
Unacademy has sacked around 1,000 employees as part of its mega cost cutting exercise. Employees including on-roll staff and contractual educators have been sacked in the past few weeks. Last week the startup asked around 600 employees to leave. The company is downsizing amid an impending slowdown in venture funding and tightening of the overall economic environment....