Unacademy CEO ‘roasted online’ for wearing Rs 30,000 T-shirt

Unacademy CEO Gaurav Munjal announced the halt of employee appraisals this year due to the company failing to meet growth targets, while wearing a $400 Burberry T-shirt. Citing market challenges and declining revenue, Munjal reassured employees of the firm’s stability. The announcement followed the layoff of 250 employees for streamlining operations.