Edtech startup Simplilearn bucks the trend — to hire 800 people this year

• The edtech company will be hiring 800 people across tech, product and marketing teams this year.
• It claims that out of 800 people, 20% or 160 would be freshers and college graduates.
• In the coming months, it will also be recruiting a CXO, vice president, and a senior vice president both for India and the US.

Bengaluru-based edtech Simplilearn is expanding its workforce by 800 people this year. It will be hiring across tech, product and marketing teams.

“The ongoing hiring is a part of our company's expansion plan, in India and abroad, as we look to substantially invest in our workforce by the end of 2022," said Krishna Kumar, founder and CEO of Simplilearn.

It claims that 20% of its hiring or 160 employees would be freshers and college graduates.

In the coming months, it will also be recruiting a CXO, vice president, and a senior vice president both for India and the US. In the US, it aims to appoint various C-suite level executives who will assist in strengthening and structuring the team present in the country.

Kumar believes that the demand for upskilling and reskilling will prevail in the industry. “Over the past couple of years, the shift to online training and education led to a growth spurt in the number of providers in the industry. The industry is currently witnessing a transition phase with hybrid models of work and study,” he added.

Founded in 2010, the company claims to conduct more than 3,000 live classes, with an average of 70,000 learners who collectively spend more than 500,000 hours each month on the platform.

Its peers like Unacademy, Vedantu are laying off its workforce due to lower funding. Overall, the edtech industry has reportedly laid off 8,000 people due to economic slowdown.

While, Indian startups have collectively laid off 6,000 people in the last five months and may lay off another 60,000 this year.

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