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Adda247 cuts 20% staff ahead of IPO as exam categories shut and faculty roles shift
Entertainment
Published on 11 May 2026
Layoffs spanned multiple verticals including CUET and faculty
Google-backed edtech Adda247 has laid off about 20% of its workforce, roughly 200 employees, as part of a restructuring ahead of its planned IPO in the next 12–18 months. The cuts affected teams across product, design, content and test prep, including CUET and teaching roles like UPSC and judiciary. The company expects annual savings of around ₹5 crore while saying growth remains steady in core areas.
- Adda247 reduced its workforce by about 20% or ~200 employees
- Cuts hit multiple verticals including CUET and teaching categories
- Some exam categories were shut as part of cost cutting
- Restructuring is expected to save about ₹5 crore annually
Read the full story at Inc42
This summarization was done by Beige for a story published on 
Inc42