Edtech unicorn LEAD cuts workforce by 80–90 employees
Following industry peers, Technology-based school LEAD has layoffs 80–90 employees in the past few weeks.
According to an
Entrackr
source LEAD has also confirmed but it did not disclose exact numbers of layoffs.
With this layoff, LEAD’s has joined the likes of fellow Unicorns Byju’s, Unacademy and Vedantu in reducing headcounts.
As per media reports, Byju’s has fired around 2,500 employees while Unacademy sacked more than 600 employees.
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Edtech unicorn LEAD lays off workforce by 100 employees - Market Money