Vedantu sacks 200 tutors after reevaluating their performance

Edtech unicorn Vedantu has laid off almost 200 contractual and full-time employees, becoming the latest startup to cut staff.

Of these, 120 were contract-based employees and 80 were full-time staffers, a Vedantu spokesperson told CNBC-TV18. This constitutes 3.5 percent of Vedantu’s 6,000-strong workforce.

“Academics or assistant teachers were being reevaluated. We have an annual contract with them, and at the beginning of every academic year, we follow a process of load rebalancing where we rejig pertaining to these roles, based on our growth expectations. Reassessment cannot be done in the middle of the year as the learning experience and continuity of the teachers throughout the year is our first priority,” the spokesperson added.