Adda247 Layoffs: Google-Backed Edtech Startup Cuts 20% of Workforce in Restructuring Ahead of Planned IPO | 📲 LatestLY
Google-backed edtech startup Adda247 has laid off approximately 200 employees, representing nearly 20 per cent of its workforce, as part of a significant internal restructuring. The Gurugram-based company, which specialises in test preparation for government exams, reportedly initiated the job cuts on April 30. The move comes as the firm faces slowing revenue growth and prepares to streamline its financial…
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