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Lido lays off 150 employees — February 21, 2022

Lido, a education company based in India, laid off 150 employees on February 21, 2022. At the time, the company was at the Series A stage. The layoff was reported by this source.

Company
Lido
Employees laid off
150
Date
February 21, 2022
Industry
Education
Country
India
Company stage
Series A
Total raised (pre-layoff)
$24M

Source: https://inc42.com/buzz/edtech-startup-lido-lays-off-over-150-employees-just-5-months-after-raising-10-mn/

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