Edtech company PhysicsWallah (PW) has laid off 120-150 employees. This comes after Founder and CEO Alakh Pandey mentioned at the Bengaluru edition of YourStory's TechSparks 2023 that PW has witnessed 100% growth in its online business in FY23, even with students moving to offline channels. "At PW, we regularly assess performance through mid-term and end-term cycles," CHRO Satish Khengre said.