Coursera Layoffs
November 2022
Coursera announced a layoff affecting 0 employees in November 2022. The company operates in the Education sector.
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Nov 9, 2022
About
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.
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