Edtech giant Unacademy suspended the contracts of its educators for six months

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Edtech giant Unacademy suspended the contracts of its NEET and JEE doubt-solving educators for six months as a part of its cost cutting strategy.

Unacademy terminated the contracts with no notice period on July 31. The number of contractors impacted by the relocation is unknown. On Sunday (July 31), both sets of educators (IIT-JEE and NEET) received emails informing them that their services would be terminated for a minimum of six months – that is, Unacademy would not use or pay these educators during the six-month period. According to the report, a six-month suspension is equivalent to being kicked out of the Unacademy programme. Unacademy told these educators that it will make some strategic changes that will reduce the need for a question-answering platform. “As a result, we have decided to temporarily suspend all deliverables related to doubt solutions as specified in your content provider agreement,” according to the email.

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Edtech giant Unacademy suspended the contracts of its educators for six months

Edtech giant Unacademy suspended the contracts of its NEET and JEE doubt-solving educators for six months as a part of its cost cutting strategy.

Unacademy terminated the contracts with no notice period on July 31. The number of contractors impacted by the relocation is unknown. On Sunday (July 31), both sets of educators (IIT-JEE and NEET) received emails informing them that their services would be terminated for a minimum of six months – that is, Unacademy would not use or pay these educators during the six-month period. According to the report, a six-month suspension is equivalent to being kicked out of the Unacademy programme. Unacademy told these educators that it will make some strategic changes that will reduce the need for a question-answering platform. “As a result, we have decided to temporarily suspend all deliverables related to doubt solutions as specified in your content provider agreement,” according to the email.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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