Key Points
Earlier this week, the popular ed-tech startup Unacademy fired hundreds of employees in the fourth round of layoffs..
The ed-tech industry is facing a tough time right now..
As reported by Business Today, the ed-tech company CEO announced in a Slack channel about the salary cut..
To be specific, the ed-tech startup laid off 380 employees, which comes to around 12 per cent of the total workforce...
In addition, the ed-tech startup CEO said that the company would also pay for medical insurance of the impacted employees for an additional six months, until September 30...
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