Indonesian edtech startup Ruangguru undertaking major layoffs

Indonesian edtech startup Ruangguru undertaking major layoffs

Image from Ruangguru's website.

Indonesian edtech startup Ruangguru is letting go of a significant portion of its employees, the company confirmed to DealStreetAsia.

There are “hundreds” of staff affected by this wave of layoff. “This difficult decision was taken due to global market conditions that have deteriorated drastically,” said a Ruangguru’s spokesperson.

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