Multiverse Layoffs

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London-based edtech startup Multiverse laid off 55 employees in the fiscal year ending March 2025, representing a slight reduction in its overall headcount. The company, which provides upskilling and apprenticeship programs, reported widening pre-tax losses of £63.3 million despite a significant revenue increase to nearly £80 million. Management cited a strategic shift towards higher productivity and rewarding remaining staff more, alongside a pivot from school-leaver apprenticeships to corporate upskilling, as reasons for the job cuts. This follows earlier layoffs and a retreat from the U.S. market, as the company focuses on improving its financial metrics and path to profitability.

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