सीईओ, संस्थापकों ने Unacademy के गौरव मुंजाल के समर्थन में रैली की, जिन्हें 400 डॉलर की बरबेरी टी-शर्ट के लिए ट्रोल किया गया था

सीईओ, संस्थापकों ने Unacademy के गौरव मुंजाल के समर्थन में रैली की, जिन्हें 400 डॉलर की बरबेरी टी-शर्ट के लिए ट्रोल किया गया था

CEOs, founders rally behind Unacademy's Gaurav Munjal who was trolled for $400 Burberry t-shirt

Unacademy CEO Gaurav Munjal faced criticism for wearing a $400 Burberry t-shirt while announcing no salary hikes for employees.

  • National News
  • 269
  • 07, Aug, 2024
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Tamanna Varshney
  • @TamannaVarshney

CEOs, founders rally behind Unacademy's Gaurav Munjal who was trolled for $400 Burberry t-shirt

In recent news, Gaurav Munjal, the CEO of the edtech company Unacademy, has attracted both criticism and support after wearing a $400 Burberry t-shirt during a virtual town hall meeting. The occasion was marked by Munjal's announcement that, due to unmet growth targets, the company would not be providing salary increases to its employees.

Munjal’s choice of clothing sparked a wave of online criticism, particularly given the context of the announcement regarding salary freezes. The backlash was notable as many pointed out the apparent disconnect between Munjal's high-end fashion choice and the company's decision not to reward its workforce financially.

Despite the online criticism, Munjal has received backing from various prominent figures within the startup ecosystem. Among his supporters is Bhavin Turakhia, co-founder of Zeta Suite. Turakhia took to social media to address the situation, criticizing the media for sensationalizing the issue. He questioned whether the situation would have been different if Munjal had worn a t-shirt costing just $4 instead of $400.

Turakhia emphasized that Munjal's track record speaks volumes about his commitment to the company and its employees. He highlighted that Munjal and his team have made significant personal sacrifices, including taking pay cuts and aligning their incentives with the company’s performance. Turakhia argued that such actions demonstrate a deeper commitment to Unacademy’s mission and its impact on education in India, which should be recognized despite the recent decision regarding appraisals.

The debate over Munjal's choice of apparel versus the company's financial decisions reflects broader discussions about leadership, personal choices, and the expectations of employees in the context of company performance and rewards.

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Tamanna Varshney

  • @TamannaVarshney