"There's a lot being said about Unacademy at the moment," Munjal wrote in a post on X.
He further said that the edtech firm has had its best years in terms of growth and profitability and has many years to run the company.
"To set a record, this will be Unacademy's best year ever in terms of growth and profitability. We also have a runway of several years. We are building Unacademy for the long term," the CEO said.
According to reports, Unacademy has approached coaching institute ALLEN, edtech firm Physics Wala, education services company K12 Techno and other big education coaching companies.
According to TechCrunch, citing sources, the edtech firm will lay off 100 employees from marketing, business and product, and about 150 from sales.
The layoffs bring Unacademy's total job cuts to about 2,000 through the second half of 2022.
Last month, Munjal had commented on the decline of edtech firm Byju's in a post.
He said Byju's founder and group CEO Byju Raveendran faced failures because he put himself on a pedestal and stopped listening to anyone.
Munjal said, "Byju's failed because it didn't listen to anyone. It put itself on a pedestal and stopped listening. Don't do this. Don't ever do this. Don't listen to everyone but keep people who will help you Can respond bluntly." Said.
“You may not always like the feedback, but take the feedback and act on it,” he said.
He further said that the edtech firm has had its best years in terms of growth and profitability and has many years to run the company.
"To set a record, this will be Unacademy's best year ever in terms of growth and profitability. We also have a runway of several years. We are building Unacademy for the long term," the CEO said.
According to reports, Unacademy has approached coaching institute ALLEN, edtech firm Physics Wala, education services company K12 Techno and other big education coaching companies.
According to TechCrunch, citing sources, the edtech firm will lay off 100 employees from marketing, business and product, and about 150 from sales.
The layoffs bring Unacademy's total job cuts to about 2,000 through the second half of 2022.
Last month, Munjal had commented on the decline of edtech firm Byju's in a post.
He said Byju's founder and group CEO Byju Raveendran faced failures because he put himself on a pedestal and stopped listening to anyone.
Munjal said, "Byju's failed because it didn't listen to anyone. It put itself on a pedestal and stopped listening. Don't do this. Don't ever do this. Don't listen to everyone but keep people who will help you Can respond bluntly." Said.
“You may not always like the feedback, but take the feedback and act on it,” he said.
