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MasteryConnect Cuts 30 Percent of Staff, Brings Co-Founder Mick Hewitt Back as CEO

Edsurge

MasteryConnect aims to help teachers plan lessons and track how students perform against academic standards. MasteryConnect was one of hundreds of edtech companies that capitalized on investors’ enthusiasm and optimism for the industry in recent years. Between 2010 to 2015, venture capitalists poured $2.3 billion in U.S.

EdTech 113
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After Layoffs, Math Curriculum Developer Reasoning Mind Sells to Weld North Education

Edsurge

Multiple former Reasoning Mind employees however confirmed to EdSurge that the nonprofit underwent several rounds of layoffs throughout 2017, which affected several dozen staff. As the layoffs began in spring 2017, former employees say it became clear that finding a buyer was likely the best way to keep Reasoning Mind’s products alive.

Kaplan 66