Unacademy Employees to Receive No Appraisal in 2024 - Funding Raised

Unacademy Employees to Receive No Appraisal in 2024

Unacademy will not provide appraisals in 2024 due to unmet growth goals, CEO Gaurav Munjal announced at a virtual town hall. Despite a low burn rate and extended runway, the company faces challenges, including recent layoffs and restructuring efforts. Munjal emphasized the firm’s resilience amidst industry downturns.

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