Camp K12 lays off 70% of staff, refuses to pay dues
Fired employees say the edtech startup is not paying them December salaries, while the remaining workers aren’t being allowed to resign.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Internet
You may also like
Physics Wallah carries the baggage of the industry it’s meant to redeem
Aggressive accounting, failed acquisitions and soaring customer acquisition costs lurk beneath India’s first edtech IPO.
How Reliance’s $180 million bet on Embibe came to naught
The edtech company was supposed to be the conglomerate’s answer to India’s education crisis. Seven years and $180 million later, the AI-powered startup has quietly vanished into corporate obscurity.
Gaurav Munjal’s exit from Unacademy turns messy over money, special demands
With the test-prep company struggling, Munjal wants Rs 200 crore each for co-founders to leave, exposing India’s broken founder-investor power dynamic.