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Camp K12 lays off 70% of staff, refuses to pay dues
Fired employees say the edtech startup is not paying them December salaries, while the remaining workers aren’t being allowed to resign.
23 January, 2023•11 min
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23 January, 2023•11 min
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Editor's note: “They are refusing to accept resignations,” says the person on the other end of the call. “An outright no.” What are they saying? “That we’ll not relieve you, nor give you your full and final or relieving letter if you leave now. This has been going on for a few days. It’s like blackmail, things are at a standstill.” The word blackmail is repeated a couple more times during the conversation, which lasts a few minutes. The person on the phone is a former employee of the California-headquartered and Gurugram-operated edtech startup Camp K12 and is describing the events of the week gone by. Over the past 20 days, things have unravelled fast at Camp K12, with the company becoming a lesson in how not to go under. Founded in 2010 by Anshul Bhagi, a graduate of the Massachusetts Institute of Technology and Harvard Business School, as a small-time coding bootcamp, in 2020 it launched itself as an online coding edtech. It later expanded to include teaching math and English. Camp K12 was positioned as a rival to popular coding …
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