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Indonesian edtech startup Zenius is laying off another 30 employees as part of efforts to become cash flow positive amid an adverse economic climate, DealStreetAsia has learnt. The decision was announced at a town hall by the company on Monday.
A Zenius representative confirmed the news of the layoffs to DealStreetAsia. A statement from the company said Zenius sees the “current economic climate” as a reason to “realign and reprioritise the organisation” to ensure sustainability and long-term growth.
