Indian Ed-Tech company PrepLadder is giving pinkslip to 0.25 employees across all division due to financial crunch and may undergo reorganization. PrepLadder laying off around 0.25% of their work force with various job titles across all department in India with business restructuring to get its business back on track.
PrepLadder found in 2015 has speciality in Medical PG Preparation, FMGE Preparation, Medical education, Higher Medical Education, NEET PG, AIIMS, JIPMER, FMGE, PGIMER, AIIMS PG, JIPMER PG, and NEET UG. running by current CEO Deepanshu Goyal. PrepLadder is an ed-tech company targeting students preparing for competitive exams providing relevant high quality content to them.
There was no official communication to us from PrepLadder but you can always refer PrepLadder internal gossips and layoff news on our PrepLadder discussion board.
As per company spokeperson to media, At this juncture, restructuring at Prepladder is a necessary exercise, keeping in mind the company’s goals and vision for the year, as we focus our efforts on enhancing business efficiency. As a result, some roles have been impacted. While this transition won’t be easy, we’re going to support all our employees to ensure a smooth transition..
PrepLadder Layoff Details in Brief
Company | PrepLadder |
---|---|
Location | India |
employee laid off | 145 |
% Laid off | 0.25 |
Division | Across all |
Date | 10-May |
0.25 PrepLadder employees were laid off over the phone call/email without putting them into PIP (performance improvement plan), as per various media houses. This layoffs at PrepLadder surely have a deep impact on the affected employees across all division. The main concerns about job security and employability, PrepLadder employee may find themselves struggling with uncertainty and anxiety. However, it is important to note that layoffs are often a reflection of broader market forces rather than individual performance and we layoffnewz team wishes that all laid off employee will get alternative jobs soon.
You can connect with PrepLadder Official website for more details about this layoff.
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