Unacademy leadership must absorb pay cuts of up to 25%, says ed-tech’s founder Gaurav Munjal.

In a statement to staff, cofounder and CEO Gaurav Munjal warned employees that the Bengaluru-based unicorn’s leadership including founders will accept these layoffs.

The corporation did not react promptly to ET’s request requesting comment on the situation.

The message was delivered only a day after the business stated it had hived off CodeChef.