Udemy Layoffs
Industry Education · Location SF Bay Area · United States · Subscribe (RSS)
Udemy has 2 publicly reported layoff rounds on record between February 14, 2023 and September 11, 2024. A total of about 280 employees were affected across these rounds.
Layoff history
Udemy announced in September 2024 that it would cut 280 jobs, roughly 20% of its global workforce, as part of a restructuring plan aimed at reducing costs by shifting roles to lower-cost regions. The online learning platform said it expected to rehire about half the affected positions in cheaper markets, with the full reorganization targeted for completion by March 2025. Total restructuring charges were projected at $16 million to $19 million, covering severance, benefits, and related costs. The move came after Udemy's market capitalization had fallen roughly 40% during 2024, adding urgency to an effort to improve profitability in a crowded e-learning market.
Reason: Cost reduction and offshoring of roles to lower-cost regions
Source: investors.udemy.com
Udemy disclosed a workforce reduction affecting its SF Bay Area operations in February 14, 2023.
Source: about.udemy.com
Data for Udemy is compiled from public WARN Act filings and reporting linked above. See our methodology.