News > Edtech firm MasterClass cuts workforce by 20%

Edtech firm MasterClass cuts workforce by 20%

The Free Press Journal | 23/06/2022 05:46 PM | Click to read full article

The US-based celebrity-driven learning platform MasterClass has stated it is cutting its workforce by 20% just as edtech companies continue to lay off workers in India.

The choice was made, according to MasterClass CEO David Rogier, to "adapt to the worsening macro environment and get to self sustainability faster." Out of its 600 employees, the layoff will affect all teams and affect almost 120 people.