Amazon.com Inc on Thursday mentioned it will shut down its on-line studying platform for highschool college students in India lower than two years after its launch, with out citing a cause.
The Amazon Academy platform, launched early final 12 months amid a increase in digital studying throughout the COVID-19 pandemic, supplied teaching for aggressive exams, together with the Joint Entrance Examination (JEE), which supplies entry to high engineering schools in India.
Based mostly on an evaluation, the e-commerce big mentioned in an announcement that it made the choice to discontinue Amazon Academy “in a phased method to handle present prospects.”
The settlement comes at a time when a number of publishing expertise companies are reeling below the strain of colleges and training facilities reopening in India after the lockdowns induced by COVID-19.
Final month, business chief Byju’s mentioned it will lower 2,500 jobs to change into worthwhile.
Different gamers, together with Unacademy, Toppr, WhiteHat Jr. and Vedantu, additionally introduced layoffs earlier this 12 months, in line with native media stories.