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BYJU LAY OFF
Byju’s founder Raveendran sentenced to six months in jail for contempt of courtByju Raveendran, founder of the failed Indian tech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt....- Layoffs in 2024: These startups grappled with workforce cutsThe year witnessed notable layoffs, with numbers ranging from a few hundred to a few thousand, at companies like Ola Electric, Paytm parent...
- Startup layoffs in 2024: Ola Electric, Byju’s, Flipkart among firms shedding jobsIndian startups and large new-age companies have been cutting down their workforce since the beginning of this year.
- Byju’s appoints Arjun Mohan as India CEO; incumbent Mrinal Mohit on way outInternally, the decision was announced on Wednesday. Mohit is leaving after spending nearly 10 years at Byju's. He was a close lieutenant o...
- Over 17,000 Indian startup employees laid off in the first half of 2023 as funding winter refuses to thawStartups, which heavily rely on external investments to fuel their growth, have been forced to downsize due to a decline in investor fundin...
- TCS CEO on jobs scandal, $2 billion deal cancellation & more; Byju’s announces key appointmentsOK, Tata. A day after India’s largest tech company Tata Consultancy Services (TCS) kicked off the earnings season with subdued numbers, CEO...
- Rajnish Kumar, Mohandas Pai join Byju’s advisory council; Wipro net profit up in double digitsTroubled edtech major Byju’s said it has appointed Rajnish Kumar, former SBI chief, and ex-Infosys CFO Mohandas Pai to its Board Advisory C...
- Byju's close to profitability, expect to resolve loan issue without court's intervention: CEOEdtech major BYJU'S is growing slowly but sustainably and is close to achieving profitability at the group level, the company's CEO Byju Ra...
- Explainer: Byju's battles auditor criticism, board exitsIn a major setback for a company often described as one of India's most successful startups, its auditor, Deloitte, has quit, throwing a sp...
- Byju’s to lay off more staff in fresh cost-cutting driveThe cost correction comes right on the heels of the company skipping a quarterly interest payment of about $40 million earlier this week on...
- BlackRock marks down Byju’s valuation again to $8.2 billionEarlier in February, the fund manager had cut the value of its investment in Byju’s to about $11 billion. The edtech firm’s other marquee i...
- Star India asks BCCI for discount in current deal, exiting Byju's wants board to encash bank guaranteeThe BCCI top brass deliberated on the two subjects for more than an hour in the emergent meeting of the Apex Council on Monday. It was a vi...
- Byju's wants to terminate jersey sponsorship deal with BCCI, kit sponsor MPL also wants to exitIn June, Byju's had extended its jersey sponsorship agreement with the Board until November 2023 for an estimated USD 35 million. Byju's no...
- Got laid off? Don't be scared, remember these 5 tips to come back strongerEmployees must remember that being laid off is not necessarily a reflection of their performance. ET Wealth spoke to a few experts and here...
- Now, Byju's employees in Bengaluru allege forceful resignationsBengaluru-based Edtech giant Byju's, after making news for massive layoffs in Kerala's Thiruvananthapuram, is now facing similar allegation...
- Byju's clears payment to Aakash, completes fund raise of $800-millionByju's founder and CEO Byju Raveendran had made a personal investment of $400 million (over Rs 3,000 crore) of the total $800 million (abou...
- Over 50K startup employees stare at job loss as India prepares for 200 unicornsNearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacade...
- Byju's cuts 600 jobs across Toppr and WhiteHat Jr as Indian edtech space shrinksByju's subsidiaries laid off 600 employees as Indian edtech space reels under global macroeconomic headwinds.
- Byju Raveendran to focus on global business, to hand over India operations to COOThe latest development comes as edtech companies like BYJU's-run WhiteHat Jr, Unacademy, Vedantu, and Lido Learning, are at the forefront o...
- Byju’s to recruit 3.5k, double workforceByju’s is looking to hire about 2,000 people for its sales and operations team, while the rest will be added to its content-creation team.
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