Edtech Unicorn Eruditus Lays off Employees to Focus On Profitability
By Swathi Moorthy
Ed-tech platform Eruditus Group, which is valued USD 3.2 billion, is laying off a section of its employees, India and globally, as a part of its business restructuring to focus on profitability.
Eruditus Group owns Eruditus Executive Education and Emeritus. Eruditus partners with over 50 universities such as MIT, Columbia, Harvard, and Cambridge to offer executive education. It employs close to 2,300 employees in India and globally.