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Amazon.com Inc mentioned on Thursday it might shut down its on-line studying platform for high-school college students in India lower than two years of its launch, with out citing a purpose.
The Amazon Academy platform, launched early final 12 months amid a increase in digital studying throughout the COVID-19 pandemic, provided teaching for aggressive exams together with Joint Entrance Examination (JEE), which permits entry into high engineering schools throughout India.
Based mostly on an evaluation, the ecommerce large mentioned in an announcement that it had made the choice to discontinue Amazon Academy “in a phased method to deal with present clients”.
The winding down comes at a time when a number of edtech corporations are reeling beneath the strain of faculties and training centres reopening throughout India after COVID-19-induced lockdowns.
Final month, business chief Byju’s had mentioned it might lay off 2,500 workers because it pushes to show worthwhile.
Different gamers Unacademy, Toppr, WhiteHat Jr, and Vedantu had additionally introduced layoffs earlier this 12 months, as per native media reviews.
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