Edtech company Vedantu lays off over 400 employees citing ‘capital scarcity’ - The Indian Express

A fortnight ago, Vedantu had laid off around 200 of its employees. Several edtech start-ups including Unacademy, Byjus and Meesho in the few months have laid off employees citing the volatility in the market.

Ed-tech platform Vedantu on May 18 laid off as many as 424 employees. In a blog post shared by Vamsi Krishna, CEO and Co-founder of Vedantu, stated that this is a one-time activity with no such furth… [+885 chars]

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