Unacademy fires 10% of its staff in order to minimize costs

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Unacademy, the IPO-bound edtech unicorn, has laid off almost 600 employees, accounting for nearly 10% of its workforce, according to VCCircle, LiveMint’s sister publication.

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Softbank-backed edtech has cut off full-time personnel from its sales and marketing teams, as well as a few contract employees and educators or tutors.

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