Edtech brainly partially closes India operations, lays off 72% of Indian staff

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Adding another bad news to the country’s struggling edtech sector, now Poland-based edtech startup Brainly has partially shut down its Indian operations and fired nearly all of its team in the country.

According to the Corporate Chat India Twitter account, which cited an Indian employee’s plight, Brainly CEO Micha Borkowski received a phone call and announced layoffs and the shutdown of operations in the country. According to the company, the Polish edtech has laid off 25 employees out of a total of 35. To focus on growing the community and making Brainly free to use, the company has laid off employees working in the paid plans segment. More than 7,000 employees will have been laid off by edtech startups by 2022.

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Edtech brainly partially closes India operations, lays off 72% of Indian staff

Adding another bad news to the country’s struggling edtech sector, now Poland-based edtech startup Brainly has partially shut down its Indian operations and fired nearly all of its team in the country.

According to the Corporate Chat India Twitter account, which cited an Indian employee’s plight, Brainly CEO Micha Borkowski received a phone call and announced layoffs and the shutdown of operations in the country. According to the company, the Polish edtech has laid off 25 employees out of a total of 35. To focus on growing the community and making Brainly free to use, the company has laid off employees working in the paid plans segment. More than 7,000 employees will have been laid off by edtech startups by 2022.

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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