Coursera Cuts Jobs After Udemy Merger, Targets Cost Savings

Coursera approved a workforce reduction as it integrates the Udemy acquisition, the company said. The layoffs are part of a plan to capture cost savings from the merger.

Coursera did not disclose the number of affected employees or the expected savings. The cuts come as the online learning company works to combine operations with Udemy, which it acquired earlier this year.

The merger brought together two of the largest platforms for professional and academic online courses. Coursera has focused on university partnerships and degree programs, while Udemy built a marketplace for individual instructors. The combined entity aims to serve both enterprise clients and individual learners.

Online education companies have faced slower growth since the pandemic-driven boom faded. Several players have turned to mergers and cost-cutting to improve margins. Coursera's move follows a similar pattern.

The company is scheduled to report quarterly results next month. Investors will watch for updates on integration progress and margin improvement.