{"id":40419,"date":"2022-05-05T22:38:49","date_gmt":"2022-05-05T17:08:49","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-vedantu-layoff\/"},"modified":"2022-05-05T23:02:15","modified_gmt":"2022-05-05T17:32:15","slug":"biz-vedantu-layoff","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-vedantu-layoff\/","title":{"rendered":"Vedantu lays off 200 employees"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-311987481\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Edtech firm Vedantu has laid off 200 employees as it did not find them in sync with the company&#8217;s growth expectation.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2101911668\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>When contacted, the company spokesperson confirmed the development and said the firm is also hiring over 1,000 new people.<\/p>\n<p>&#8220;We have over 6,000 employees out of which 120 contractors and 80 full-time or 3.5 per cent of the total strength are academics or assistant teachers, who were being reevaluated. We have an annual contract with them, and at the beginning of every academic year, we follow a process of load rebalancing, where we rejig pertaining to these roles, based on our growth expectations,&#8221; the spokesperson said.<\/p>\n<p>The spokesperson said the reassessment cannot be done in the middle of the year as the learning experience and continuity of the teachers throughout the year is the company&#8217;s priority.<\/p><div class=\"trade-content_5\" id=\"trade-2351204743\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>&#8220;With more technology intervention, restructuring of the class format, and changes in the categories, we relook at these roles of our academics and assistant teachers. As we synchronize our growth goals for this year, we are also hiring more than 1,000 employees in various teams, including over 100 for similar positions,&#8221; the spokesperson said.<\/p>\n<p>Last month, edtech company Unacademy laid off around 600 employees on account of non-performance and role redundancy as the company looks to enhance efficiency and become profitable by the end of this year. PTI PRS PRS BAL BAL<\/p>\n<div class=\"trade-after-content\" id=\"trade-1987222785\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Edtech firm Vedantu has laid off 200 employees as it did not find them in sync with the company&#8217;s growth expectation. When contacted, the company spokesperson confirmed the development and said the firm is also hiring over 1,000 new people. &#8220;We have over 6,000 employees out of which 120 contractors and 80 full-time or 3.5 [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-40419","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Vedantu lays off 200 employees - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-vedantu-layoff\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vedantu lays off 200 employees\" \/>\n<meta property=\"og:description\" content=\"Edtech firm Vedantu has laid off 200 employees as it did not find them in sync with the company&#8217;s growth expectation. 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