Vedantu Kicked Off 200 Workers from the Institution!!

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Vedantu Kicked Off 200 Workers from the Institution!!
Vedantu Kicked Off 200 Workers from the Institution!!

Vedantu Kicked Off 200 Workers from the Institution. Indian online tutoring platform Vedantu kicked off its 200 employees. It operates as a live tutoring educational environment for the students. The institution lay off their lot of employees after they get the huge number of profit from their new project at the capital. To get the more details about this news stay tuned with us.

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The spokesperson of the edtech institution said that, “We have over 6000 employees out of which approximately 120 contractors and 80 full-time or 3.5% of the total strength, are academics or assistant teachers were being revaluated. 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”.

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It’s worth noting that Vedantu was the frontrunner to acquire Ronnie Screwvala-backed edtech start-up Lido Learning which was on the verge of shutting down due to lack of funds. The company recently introduced live interactive classes starting at Rs 5,000 a year. To get the latest exam details, breaking news, recruitment details subscribe and follow our ExamsDaily page.

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