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.