Indian edtech unicorn Physics Wallah has joined the growing list of startups cutting jobs due to a tough funding environment. The company claims that the layoffs are part of a performance-based evaluation process, with less than 0.8% of its workforce affected. Despite claiming profitability, investors are now pushing for sustained profitability and efficient operations. Physics Wallah plans to hire 1,000 new employees in the next six months as part of its commitment to growth.