Indian edtech startup Scaler, which focuses on upskilling tech professionals, has laid off approximately 150 employees as part of a restructuring aimed at ensuring long-term growth and sustainability. This marks the company's first layoff round since its founding in 2019. The cuts, announced in April 2024, primarily affected roles in marketing and sales. The Bengaluru-based firm, which had raised $75 million and was nearing unicorn status, stated the decision was not performance-based and offered support to those impacted. This move occurs amidst broader layoffs in the Indian startup ecosystem, with Scaler's action reflecting ongoing adjustments within the competitive edtech sector.
