Skip to main content

Edtech unicorn PhysicsWallah cuts over 100 jobs, read company's statement

Indian edtech company PhysicsWallah has reportedly cut over 100 jobs as part of a cost-restructuring exercise. The company, which offers online and offline courses for engineering entrance exams, confirmed that 70-120 employees have been let go from various departments. Despite the layoffs, PhysicsWallah plans to hire an additional 1,000 employees in the next six months. The Noida-based company became a unicorn in 2022 and saw a significant increase in revenue from operations in the last fiscal year. PhysicsWallah is cautious about audits, regulations, and maintaining its reputation in the market.

from Gadgets News – Latest Technology News, Mobile News & Updates https://ift.tt/R1BFVD7
https://ift.tt/QPVgI4f
Labels:

Comments

Post a Comment

Popular posts from this blog

Judge orders Trump administration to restore $500 million in UCLA funding: how the legal challenge exposed procedural flaws

A federal judge has ordered the Trump administration to restore $500 million in frozen federal grants to UCLA, citing likely violations of the Administrative Procedure Act. The funding was suspended amid civil rights allegations, but the court found the government failed to follow proper procedures or provide specific explanations. The ruling ensures critical research funding is reinstated while the legal case proceeds, highlighting the importance of due process in federal grant management. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/F2wsmtK https://ift.tt/oy0TJAM
Post a Comment
Read more

OnePlus 10 Pro to come with Hasselblad camera, expected to launch in January 2022

OnePlus recently launched its OnePlus 9RT smartphone. The smartphone maker is now busy working on its next flagship smartphone. Likely to be called the OnePlus 10 Pro, the smartphone will succeed the OnePlus 9 Pro launched earlier this year. Expected to launch in the first half of 2022, a new leak about the smartphone has now surfaced online. from Gadgets News – Latest Technology News, Mobile News & Updates https://ift.tt/3nfyRLj https://ift.tt/2YPpvMW
Post a Comment
Read more

RRB RPF SI Admit Card Released for December 2 Exam: Check Direct Link Here

RRB RPF SI Hall Ticket 2024: The Railway Recruitment Boards (RRBs) have released the admit cards for the RPF SI 2024 exam scheduled for December 2, 2024, with subsequent releases for other dates. Candidates can download their admit cards from the official RRB website. The exam is part of a recruitment drive for 452 Sub-Inspector (Executive) and 4,208 Constable (Executive) positions in the Railway Protection Force. The admit card includes important details like exam centre location, reporting time, and guidelines. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/5rEv6MH https://ift.tt/FA1wMzt
Post a Comment
Read more