Amazon India to Discontinue JEE Exam Preparatory Online Learning Platform; Details are known | Rare Techy
Amazon layoffs: The e-commerce giant’s Indian unit is likely to lay off hundreds of people across its division.
The company said that the full fee will be refunded to students enrolled in the current academic session.
The development comes amid a boom in the Indian edtech industry, where many companies are under pressure as schools, colleges and coaching centers reopen as Covid-19 restrictions are eased.
Last month, edtech giant ByJuice said it would lay off 2,500 workers amid pressure from investors to become profitable. Other players like Unacademy, Topper, Whitehat Junior and Vedantu have also announced layoffs.
Amazon said that students will have access to the entire course material for a year until October 2024.