{"id":13504,"date":"2025-05-27T14:29:34","date_gmt":"2025-05-27T08:59:34","guid":{"rendered":"https:\/\/www.jbsagolf.com\/blogs\/?p=13504"},"modified":"2025-09-27T14:41:24","modified_gmt":"2025-09-27T14:41:24","slug":"unacademy-layoffs","status":"publish","type":"post","link":"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/","title":{"rendered":"Unacademy Layoffs: What It Means for the EdTech Giant in 2024"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Unacademy has been in the news once more. Right now, it\u2019s not focused on funding or product development. Hundreds of employees were let go by the company in 2024. These layoffs reveal a major change in how Unacademy is being reorganized. The question now is\u2014what does this mean for the future? The term &#8220;unacademy layoffs&#8221; has become one of the top searches in India\u2019s education and startup sectors. This blog explains the ongoing events, impacts, and what lies ahead.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#What_is_Unacademy\" >What is Unacademy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#Understanding_the_Unacademy_Layoffs\" >Understanding the Unacademy Layoffs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#Layoffs_Timeline_and_Impact\" >Layoffs Timeline and Impact<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#Is_Unacademy_Shutting_Down\" >Is Unacademy Shutting Down?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#What_Sparked_the_Unacademy_Layoffs\" >What Sparked the Unacademy Layoffs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#Unacademy_Revenue_Performance\" >Unacademy Revenue Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#Is_Unacademy_in_Loss\" >Is Unacademy in Loss?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#Unacademy_Net_Worth_and_Valuation_2024\" >Unacademy Net Worth and Valuation 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#How_Founders_Are_Responding\" >How Founders Are Responding?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#Are_More_Layoffs_Expected\" >Are More Layoffs Expected?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#Offline_Expansion_and_Future_Focus\" >Offline Expansion and Future Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#Company_Strategy_Moving_Forward\" >Company Strategy Moving Forward<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#Employee_Sentiment\" >Employee Sentiment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#Comparing_Unacademy_Layoffs_From_2020_to_2024\" >Comparing Unacademy Layoffs From 2020 to 2024<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.jbsagolf.com\/blogs\/unacademy-layoffs\/#FAQs\" >FAQ's<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_is_Unacademy\"><\/span><b>What is Unacademy?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Indian edtech company Unacademy is what I am referring to. In 2015, Gaurav Munjal, Roman Saini and Hemesh Singh formed the company. The website provides lessons for people preparing for different competitive exams. With time, it was built quickly and turned into a unicorn.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Top investors wanted to be part of it. It did not take long for it to cover subjects such as NEET, JEE, UPSC and so on. The topic was introduced to schools and lessons based on skills. At the same time, increased size presented new challenges.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Understanding_the_Unacademy_Layoffs\"><\/span><b>Understanding the Unacademy Layoffs<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-34906 size-full\" src=\"https:\/\/www.jbsagolf.com\/blogs\/wp-content\/uploads\/2025\/05\/Understanding-the-Unacademy-Layoffs.jpg\" alt=\"Understanding the Unacademy Layoffs\" width=\"1067\" height=\"600\" srcset=\"https:\/\/www.jbsagolf.com\/blogs\/wp-content\/uploads\/2025\/05\/Understanding-the-Unacademy-Layoffs.jpg 1067w, https:\/\/www.jbsagolf.com\/blogs\/wp-content\/uploads\/2025\/05\/Understanding-the-Unacademy-Layoffs-300x169.jpg 300w, https:\/\/www.jbsagolf.com\/blogs\/wp-content\/uploads\/2025\/05\/Understanding-the-Unacademy-Layoffs-1024x576.jpg 1024w, https:\/\/www.jbsagolf.com\/blogs\/wp-content\/uploads\/2025\/05\/Understanding-the-Unacademy-Layoffs-768x432.jpg 768w\" sizes=\"(max-width: 1067px) 100vw, 1067px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The latest unacademy layoffs are part of a cost-cutting move. The company removed about 250 employees. Departments like sales, marketing, and operations were affected. This is not the first time it has happened.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The exact keyword &#8220;unacademy layoffs&#8221; has been trending since 2022. There have been layoffs almost every year since 2020. Each round shows pressure on the edtech business model.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Layoffs_Timeline_and_Impact\"><\/span><b>Layoffs Timeline and Impact<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Unacademy has faced layoffs multiple times. Here is a quick table showing the timeline:<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Year<\/b><\/td>\n<td><b>Employees Laid Off<\/b><\/td>\n<td><b>Reason<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">2020<\/span><\/td>\n<td><span style=\"font-weight: 400;\">600+<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Pandemic-related downsizing<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">2022<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,000+<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Cost restructuring<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">2023<\/span><\/td>\n<td><span style=\"font-weight: 400;\">380<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Efficiency-focused layoffs<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">2024<\/span><\/td>\n<td><span style=\"font-weight: 400;\">250<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Business realignment<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">These numbers show that unacademy layoffs are part of a pattern. This is not a one-time move.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_Unacademy_Shutting_Down\"><\/span><b>Is Unacademy Shutting Down?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Many are asking: is Unacademy shutting down? The answer is no. Unacademy is not closing its doors. But it is changing how it works. It is shifting focus to profitable areas.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company is shutting down some units. It is also merging smaller verticals. The goal is to survive and grow with fewer expenses.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Sparked_the_Unacademy_Layoffs\"><\/span><b>What Sparked the Unacademy Layoffs?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There are many reasons behind the unacademy layoffs. First is the funding slowdown. Investors are now looking at profits over growth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Second is rising operational cost. Third is over-hiring in earlier years. Now, the company is trimming roles.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The exit of <a href=\"https:\/\/economictimes.indiatimes.com\/tech\/startups\/unacademy-cofounder-and-cto-hemesh-singh-quits\/articleshow\/110818056.cms?from=mdr\" target=\"_blank\" rel=\"noopener\">CTO Hemesh Singh<\/a> also affected leadership dynamics. Some mergers and partnerships are also under discussion.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Unacademy_Revenue_Performance\"><\/span><b>Unacademy Revenue Performance<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>The next important point is revenue. Let\u2019s look at the company\u2019s recent performance:<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Financial Year<\/b><\/td>\n<td><b>Revenue (INR Cr)<\/b><\/td>\n<td><b>Change (%)<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">FY21<\/span><\/td>\n<td><span style=\"font-weight: 400;\">398<\/span><\/td>\n<td><span style=\"font-weight: 400;\">&#8211;<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">FY22<\/span><\/td>\n<td><span style=\"font-weight: 400;\">719<\/span><\/td>\n<td><span style=\"font-weight: 400;\">+81%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">FY23<\/span><\/td>\n<td><span style=\"font-weight: 400;\">907<\/span><\/td>\n<td><span style=\"font-weight: 400;\">+26%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">FY24<\/span><\/td>\n<td><span style=\"font-weight: 400;\">840 (estimated)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-7%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">The table shows growth slowed down. Unacademy revenue is no longer increasing sharply. This revenue pressure is part of why layoffs are happening.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_Unacademy_in_Loss\"><\/span><b>Is Unacademy in Loss?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Yes, Unacademy is still in loss. Although losses are reducing, the company is yet to make profits. Here&#8217;s how it looks:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">FY22 Loss: INR 2,848 Cr<\/span>&nbsp;<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">FY23 Loss: INR 1,678 Cr<\/span>&nbsp;<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">FY24 Loss: INR 631 Cr (projected)<\/span>&nbsp;<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">So, is Unacademy in loss? Absolutely. But the trend shows that the losses are shrinking. That&#8217;s a positive sign.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Unacademy_Net_Worth_and_Valuation_2024\"><\/span><b>Unacademy Net Worth and Valuation 2024<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Unacademy valuation 2024 has taken a hit. At its peak, it was valued at $3.44 billion. But today, some reports suggest it\u2019s closer to $800 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This change affects everything. Funding, investor trust, and public perception. The unacademy net worth has dropped with its valuation.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Founders_Are_Responding\"><\/span><b>How Founders Are Responding?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">CEO Gaurav Munjal addressed the layoffs directly. He mentioned focusing on sustainability. He also promised support for impacted employees.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unacademy layoffs Gaurav Munjal statements often highlight cost discipline. He admitted hiring too fast. Now, the company is taking corrective action.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Hemesh Singh, another co-founder, has stepped away. This shift in top leadership is a big moment for Unacademy.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Are_More_Layoffs_Expected\"><\/span><b>Are More Layoffs Expected?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The question now is whether more unacademy layoffs are coming. It&#8217;s hard to say. But if revenue stays low, more cuts could follow.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company wants to reach profitability soon. If it fails, unacademy layoffs today might be repeated again in coming quarters.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Offline_Expansion_and_Future_Focus\"><\/span><b>Offline Expansion and Future Focus<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Unacademy is now investing in offline centers. These centers offer classroom training. The aim is to reach more Tier 2 and Tier 3 students.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company believes hybrid learning is the future. It wants to balance online and offline teaching models.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Company_Strategy_Moving_Forward\"><\/span><b>Company Strategy Moving Forward<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Here are some key points Unacademy is focusing on:<\/strong><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cutting non-core verticals<\/span>&nbsp;<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Improving unit economics<\/span>&nbsp;<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Scaling profitable segments<\/span>&nbsp;<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Increasing student outcomes<\/span>&nbsp;<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Merging with K12 players<\/span>&nbsp;<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This multi-point strategy will guide the company ahead. Whether it works remains to be seen.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Employee_Sentiment\"><\/span><b>Employee Sentiment<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Employees have mixed reactions. Some feel betrayed. Others understand the company\u2019s position.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are reports of delayed appraisals. Morale has dipped. Trust needs rebuilding.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Comparing_Unacademy_Layoffs_From_2020_to_2024\"><\/span><b>Comparing Unacademy Layoffs From 2020 to 2024<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Let\u2019s compare unacademy layoffs 2020 vs 2024:<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Year<\/b><\/td>\n<td><b>Focus<\/b><\/td>\n<td><b>Impacted Areas<\/b><\/td>\n<td><b>Reason<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">2020<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Online Growth<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Contractual Staff<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Pandemic response<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">2022<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Expansion Cut<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Core Teams<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Market correction<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">2023<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Efficiency<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Product, Sales<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Profit over growth<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">2024<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Restructuring<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Sales, Marketing<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Focus on sustainable units<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">The shift shows changing goals\u2014from rapid growth to lean operations.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><b>Conclusion<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The 2024 unacademy layoffs show where the edtech industry stands today. High valuations are no longer enough. Now it\u2019s about results. It&#8217;s about profits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unacademy is trimming its excess. The journey is tough. But not over. The company is still one of India\u2019s top edtech names.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The next few years will tell whether these cuts will work. For now, unacademy layoffs remind us that change is the only constant in business.<\/span><\/p>\n<h3><b>FAQ&#8217;s<\/b><\/h3>\n<ol>\n<li><b> Is Unacademy shutting down?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">No, Unacademy is not shutting down. The company is restructuring its operations. While it has laid off several employees, it is also expanding offline learning centers and working toward profitability.<\/span><\/p>\n<ol start=\"2\">\n<li><b> Why is Unacademy laying off employees?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">The main reasons include rising operational costs, funding challenges, and a shift in focus toward sustainable growth. The company is removing non-core roles and merging business verticals to reduce losses.<\/span><\/p>\n<ol start=\"3\">\n<li><b> What is Unacademy\u2019s current valuation in 2024?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">As of 2024, Unacademy\u2019s valuation has dropped significantly. From a peak of $3.44 billion, it is now reportedly valued at around $800 million due to business challenges and market shifts.<\/span><\/p>\n<ol start=\"4\">\n<li><b> Is Unacademy still in loss?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Yes, Unacademy is still operating at a loss. However, the losses are declining. In FY24, the projected loss was \u20b9631 crore, a 62% improvement over the previous year.<\/span><\/p>\n<ol start=\"5\">\n<li><b> Who are the founders of Unacademy?<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Unacademy was founded in 2015 by Gaurav Munjal, Roman Saini, and Hemesh Singh. Gaurav Munjal remains the CEO. Hemesh Singh stepped down from his role as CTO in 2024 but still acts as an advisor.<\/span><\/p>\n<p><strong>You Might Also Like :- <a href=\"https:\/\/darkgray-pelican-245271.hostingersite.com\/blogs\/procurementnation-com-contact\/\" rel=\"bookmark\">Procurementnation.com\u00a0<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unacademy has been in the news once more. Right now, it\u2019s not focused on funding or product development. Hundreds of employees were let go by the company in 2024. These [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":32647,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[1251],"class_list":["post-13504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-unacademy-layoffs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Unacademy Layoffs Explained: Reasons, Impact &amp; Future<\/title>\n<meta name=\"description\" content=\"Curious about the Unacademy layoffs? 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