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Pluralsight Lays off 20% of its Global Workforce

Pluralsight has laid off 400 employees, which represents 20% of its global workforce.

Pluralsight homepage

Two weeks before Christmas, the Utah-based company Pluralsight laid off 400 employees. This represents 20% of its global workforce.

In doing so, Pluralsight joins the long list of online education companies which have recently conducted layoffs, such as Udacity, Coursera, 2U/edX, FutureLearn, and MasterClass, as covered by Class Central.

Pluralsight certificate, earned by a Class Central colleague

Pluralsight was founded in 2004 and went public in 2018. At the end of 2020, the company went private again after being acquired by Vista Equity Partners for $3.5 billion.

Pluralsight has a catalog of over 7000 courses primarily focused on technology skills, leading to certificates of completion like the one above.

Its primary target audience is B2B. While platforms like Coursera and Udemy were growing their B2C business and then using it as a foothold to enter B2B, Pluralsight distinguished itself by focusing on B2B.

In 2020, the last year Pluralsight filed its annual report (or 10-K) before going private again, 88% of the company’s revenue came from B2B.

Pluralsight’s revenue per segment over the years
Year B2B Revenue B2C Revenue Total Revenue
2018 $343.8M $48.1M $391.9M
2019 $271.8M $45.1M $316.9M
2020 $188.2M $43.8M $232.0M

Pluralsight’s business subscription costs $399–779 per year, and its individual subscription costs $299–359.

An analysis by Class Central shows that since 2012, Pluralsight has launched over 14,177 courses, though some of these are just conference talks, and many of the topics are no longer relevant.

The average length of Pluralsight’s courses is 2 hours 10 minutes, while the median is 1 hour 55 minutes.

Pluralsight: Catalog growth over the years

Over the years, Pluralsight has made a number of acquisitions, the most recent being the $2 billion acquisition of A Cloud Guru last year.

Dhawal Shah Profile Image

Dhawal Shah

Dhawal is the CEO of Class Central, the most popular search engine and review site for online courses and MOOCs. He has completed over a dozen MOOCs and has written over 200 articles about the MOOC space, including contributions to TechCrunch, EdSurge, Quartz, and VentureBeat.

Comments 1

  1. Dennis

    This means next year 2023 economy recession or crash is possible right Dhawal?


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