Skillsoft
- 🦄Became a unicorn2021
- 📈Peak valuation$1.3 Billion ’21
- 💔Became a Unitard2022
- 💸Last valuation~$52.5M
How it happened
Skillsoft is a corporate digital-learning provider that returned to public markets in June 2021 by merging with the SPAC Churchill Capital Corp II in a deal valuing the combined company — which also folded in Global Knowledge — at roughly $1.3B. Growth disappointed and losses persisted, and the stock slid so far that Skillsoft executed a 1-for-20 reverse split in October 2023 to keep its NYSE listing. Glassdoor reviews from the slide years described the strain inside: layoff rounds arriving almost every fiscal year, a merger integration that left sales teams straddling two CRMs with commissions paid late or miscalculated, and long stretches without raises or bonuses — though 2025 reviews noted morale improving.
Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.
Source: PRNewswire / SEC / MarketScreener (Churchill Capital Corp II SPAC merger closed June 2021 at ~$1.3B enterprise value, plus Global Knowledge acquisition; 1-for-20 reverse split effective Oct 2023)
