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'Painful to see talented people leave us': Unacademy's Gaurav Munjal laments sacking 350 employees
Gaurav Munjal, CEO and co-founder, Unacademy, in a tweet on November 7, lamented the recent round of layoffs and said that it is painful to see some of his best people leaving the organisation. If you are hiring in your organisation, please email me at gaurav@unacademy.com and we would send you the directory of the impacted roles,” he tweeted. "Around 10 per cent of Unacademy employees across the group will be impacted because of this, and if you are one of the impacted - you will be receiving a detailed communication within 48 hours from HR," he said. These are very difficult times for the technology ecosystem. The company's ESOP (employee stock ownership plan) costs had jumped to more than Rs 1,200 crore for the year, resulting in widening losses. Source: BusinessToday #Unacademy
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