Coursera

Coursera laid off 150 employees representing approximately 10% of its workforce on 2024-10-25.

Coursera laid off an unspecified number of employees on November 9, 2022, as part of a workforce reduction impacting all organizations and regions to some extent. The online education platform, operating in the edtech industry, made this difficult decision to slow its rate of spending amid a deteriorating macroeconomic environment, lower growth rates, and environmental uncertainty. CEO Jeff Maggioncalda explained that while the long-term outlook remains promising, the company needed to sharpen its focus, prioritize investments, and optimize its structure and operations, marking a shift from the aggressive expansion experienced during the pandemic in 2020. Impacted employees were notified through one-on-one conversations, with support provided during the transition.