Skill-Lync, an Indian startup offering upskilling programs, has laid off 20% of its workforce — around 225 employees — to reduce operational costs amid the ongoing global funding crunch for startups.

Skill-Lync’s operating revenue jumped 200% to INR 139.6 Cr in the year under review from INR 46.5 Cr in FY22 The edtech platform's total expenses more than doubled to INR 411.1 Cr in FY23 from INR 184 ...

The layoffs were undertaken by the company to reduce costs, streamline operations and limit future content and production investments No C-Suite executives were not impacted by the layoffs, but, there ...