Unacademy lays off 12% of its workforce
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Edtech company Unacademy has fired 12% of its employees, according to an internal memo sent by CEO Gaurav Munjal. With this, the firm has let go of around 1,500-2,000 employees in the past 12 months. Codechef, competitive programming platform for students and professional programmers, will be hived off from Unacademy Group and will now function as an independent business being run by its current team.