Google-backed edtech startup Adda247 has reportedly laid off over 200 employees, or nearly 20% of its workforce. The layoff ...
Adda247 has removed over 200 employees across teams amid restructuring and cost-cutting efforts as the edtech company ...
Major workforce cut: Adda247 has laid off about 200 employees, or 20% of staff, across several functions in a pre-IPO restructuring. Cost-saving strategy: The layoffs are aimed at reducing operational ...
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Google-backed ed-tech startup Adda247 has reportedly laid off around 200 employees (~ 20% of its workforce) as the company looks to cut costs amid slowing revenue growth. The layoffs affected teams ...
The development comes at a time when Adda247, which has raised around $67 million to date, is preparing for a public listing over the next 12 to 18 months ...