Edtech startup Camp K12 has reportedly laid off 70% of its workforce without paying any dues

Share via:

Edtech startup Camp K12 has reportedly laid off 70% of its workforce without paying any dues to the impacted employees. Camp K12 was relaunched as an online coding edtech during the pandemic in 2020.

It provides online courses in artificial intelligence (AI), virtual reality, web development, Android app development, and a variety of basic coding classes for children. Camp K12 has 433 employees, according to its LinkedIn profile. As a result, it could have fired up to 300 employees. According to The Morning Context, the coding edtech startup has not paid its employees since December 2022, and the layoffs occurred in January 2023. While the laid-off employees have not received their salaries or severance pay, the remaining employees are allegedly being denied the right to resign.

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.

Popular

More Like this

Edtech startup Camp K12 has reportedly laid off 70% of its workforce without paying any dues

Edtech startup Camp K12 has reportedly laid off 70% of its workforce without paying any dues to the impacted employees. Camp K12 was relaunched as an online coding edtech during the pandemic in 2020.

It provides online courses in artificial intelligence (AI), virtual reality, web development, Android app development, and a variety of basic coding classes for children. Camp K12 has 433 employees, according to its LinkedIn profile. As a result, it could have fired up to 300 employees. According to The Morning Context, the coding edtech startup has not paid its employees since December 2022, and the layoffs occurred in January 2023. While the laid-off employees have not received their salaries or severance pay, the remaining employees are allegedly being denied the right to resign.

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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Gaming Startup WinZO’s FY23 Revenue Surges Nearly 3X To...

SUMMARY The Delhi NCR-based gaming major had reported an...

Crypto mixing is ‘not a crime,’ says CryptoQuant CEO

Crypto mixing services are not a crime, wrote...

Shein to face EU’s strictest rules for online marketplaces

Ultra-fast fashion ecommerce giant Shein will be subject...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!