30% Salary Cuts at Unacademy
Graphy has forced a 30% salary cut on each employee to achieve profitability this year. This cut will be applicable from February onwards until 7-8 months.
Truly a sad time for the Edtech ecosystem.
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I repeat:
If you have options, avoid joining EdTech companies.
If you're already working for one, exit at first opportunity.
Indian EdTech companies are largely sweat shops in fancy office buildings.
Kinda curious- what’s it about edtech that’s earned it such negative press? Asking cause I’ve an offer from an edtech and want to make a conscious decision
Extremely bad wlb, toxic management in general to please shareholders, massive overhiring and layoffs, giving false beliefs to the people just to make them join, and the scandals involving the founders recently
In a world where all the knowledge is available at the finger tip, why the hell edtech companies exist