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Feb 3, 2023 · Edtech startup Byju's has fired over 900 employees in fresh layoffs, three sources aware of the development confirmed to CNBC-TV18.com. “We had been told to keep a list of employees ranked as per performance ready last week and since Feb 1st the company started notifying people about the layoff,” said an employee in a managerial position in ...
- Nishtha Pandey
Jun 25, 2023 · A report states that Byju's employees' morale has taken a huge hit amidst the layoffs and employees want to leave the organisation in fear of getting fired overnight. Byju's laid off 1,000 employees recently (Representative image).
- Divyanshi Sharma
- Technology, News
Nov 1, 2022 · Already, more than 5,000 employees across departments, out of Byju's total workforce of over 50,000, have been given performance notices, according to at least nine internal sources and four...
- Nikhil Patwardhan
Jul 4, 2024 · The National Company Law Tribunal (NCLT) has reportedly asked BYJU’S to pay employee salaries regardless of access to funds from its rights issue, warning that failure to do so could result in an...
Sep 21, 2022 · New Delhi: Days after reporting a loss of Rs 4,564 crore in the 2021 fiscal, Byju's founder and CEO has told employees that India's most valuable startup has already started shifting focus toward profitable growth and revenue of $2 billion was within its sights.
Aug 18, 2023 · The embattled ed-tech firm BYJU'S has downsized its workforce by letting go of more than 400 employees from mentoring and product expert divisions following a company-wide performance review,...
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Aug 20, 2024 · Troubled edtech firm Byju’s founder, Byju Raveendran, said in an email to his employees that their salaries will be paid promptly as soon as he regains control of the company’s accounts, even if it requires taking on more debt.
