Collegedunia, a leading education portal used by millions of students in India, is undergoing a restructuring to streamline operations and reduce costs. This has resulted in layoffs impacting around 100 employees across various Collegedunia departments.
- Reports suggest the Collegedunia layoffs began a month ago, starting with study abroad counselors. The job cuts have since expanded to other teams.
- Collegedunia aims to automate tasks and become more cost-efficient. The company assures impacted employees will receive complete compensation and incentives.
Founded in 2013, Collegedunia claims to be a comprehensive search engine for higher education in India and abroad. It provides information on over 20,000 colleges and 6,000 courses, attracting an estimated 300 million monthly user base.
Collegedunia is also actively recruiting new people for various posts. This strategy allows them to onboard new talent at a lower cost than firing experienced employees. The company’s LinkedIn page reflects this change, with many entry-level jobs requiring up to two years of experience.
Collegeworld’s restructuring reflects a trend within the education sector, where companies are adopting automation and cost-saving measures. While this may lead to job cuts in the short term, it could also pave the way for a more efficient and streamlined future for the company.
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