News > Indian ed-tech startup Vedantu fires 385 more employees

Indian ed-tech startup Vedantu fires 385 more employees

07/12/2022 10:53 PM | Click to read full article

 Joining names such as Unacademy and Byju’s, online education firm Vedantu has also fired 385 people more, bringing its total to 1,100. The edtech startup had reported a loss of Rs 604 crore in FY21. The firm which has laid off people in four rounds so far, has also been offering salary for two months as severance payment, and has extended health insurance for fired employees to March 2023.

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