Unacademy, the popular edtech company, has laid off 250 employees, around 12% of its workforce. This decision, made to reduce costs, affects various departments, including content, sales, and operations. The move follows Unacademy's ongoing attempts to achieve profitability, amid a challenging financial landscape for edtech firms. Despite these layoffs, the company assures it will continue investing in its core business and technology to drive growth. The affected employees will receive severance packages and support in finding new job opportunities.