upGrad gives lower appraisals to employees, tightens hiring and cuts spending on digital marketing: Report
Shortpedia
Content Team
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Amid the ongoing layoff season in the Tech sector, online higher education company upGrad has reportedly slashed its digital marketing spending. Reports also suggest that the Edtech startup has also tightened hiring and "allegedly" handed out lower appraisals to its employees amid market uncertainties. The development comes as upGrad is looking to grow at the "right cost structure" amid the mass layoffs and economic slowdown across the globe.
