Thursday, June 13, 2024
Outlook India
Outlook Business

Tech Lay Off

The edtech is shutting down its core education business and moving to a test product business with a newly launched application called NextLevel

Since the beginning of 2022, nearly 18,000 employees have lost their jobs in the Indian tech sector

On Friday, NCPCR summoned Byju Raveendran, the CEO, over the allegations of malpractices conducted by the sales team.

Due to the evacuation, Twitter may register a flat growth in revenues in the upcoming years

The development comes five months after it raised $255 million from marquee investors including Google, Times Group and Temasek

It is difficult to define or understand the mind of the world’s richest man. But his way of work since acquiring Twitter has raised more than a few eyebrows and also dented his ‘genius’ image

Earlier this year, VerSe Innovation raised $805 million in an investment round led by Canada Pension Plan Investment Board

The Unacademy founder's tweet comes at a time when Indian start-ups are struggling to raise capital at a proper valuation and laying off their employees to stay profitable

Google's CEO Sundar Pichai had hinted towards a possible layoff in August