News Corp Sells EdTech Subsidiary Amplify

Earlier this week, tablet-based educational platform Amplify announced that it was letting go of 500 employees.

On Wednesday, News Corp announced that it is selling Amplify, the company's educational tablet unit, to outside investors. Nearly 40% of the company's workforce—500 employees, to be exact—were reportedly laid off as well.

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Published on October 01, 2015 15:10
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