Course Hero

Course Hero, an educational technology company, recently conducted layoffs affecting a number of skilled employees across all departments. While the exact number of impacted staff was not disclosed in the announcement, the company encouraged other employers to consider hiring from its alumni talent list. The layoffs occurred last week, with the company citing a restructuring effort as it navigates the evolving edtech landscape. Course Hero, which provides study resources and a platform for educators, has a workforce in the hundreds, indicating these cuts represent a significant, though unspecified, percentage of its total team.

In March 2023, edtech company Course Hero, a former unicorn valued at $3.6 billion, laid off 42 employees, representing 15% of its workforce. This marked the company's first significant layoff in its 17-year history. The cuts occurred under new CEO John Peacock, who described the move as a strategic effort to position the business for future growth in a rapidly evolving sector. The layoffs followed a major restructuring months earlier, which saw co-founder Andrew Grauer step down as CEO and the creation of a parent company, Learneo. Course Hero provided several months of severance and transition support to affected staff and stated it did not anticipate further layoffs.