Physics Wallah may lay off up to 120 employees

Edtech firm Physics Wallah may lay off up to 120 employees due to performance issues, according to the company.

The company in a statement said that less than 0.8 per cent of its total workforce will be impacted due to the performance review exercise.

“At PW, we regularly assess performance through mid-term and end-term cycles. For the cycle ending in October, less than 0.8 per cent of our workforce, ranging from 70 to 120 individuals with performance concerns—may be asked to transition.