Cuemath Announces Second Round of Layoffs Amidst Tough Startup Environment

  • Edtech firm Cuemath has laid off over 100 employees due to challenging conditions for startups.
  • Despite making progress on several fronts, the company is reshuffling its strategies for sustainable growth.
  • These layoffs follow key management changes and a fundraising round that fetched $57 million out of an intended $100 million.
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