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BYJU LAYOFF
VCs turn the screws; Ex-Paisabazaar CEO’s new betHappy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morni...- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.
- Byju’s lets go of more staffers in mentoring, product expert functionsThe employees who were let go were placed on a performance improvement plan from July 1 to 20, sources said.
- Byju’s shutters offices across Delhi NCR, BengaluruEmployees at Byju’s that ET spoke to said that the company had cleared up its office space in Sector 44 this month.
- Employees allege that BYJU's fosters a toxic work culture and unresolved grievances; opt to speak out against itThe video sheds light on the alleged abusive practices and lack of support faced by BYJU's employees, which have been subjects of multiple ...
- Byju’s staffers temporarily call off protest after ‘unplanned’ town hallThe virtual town hall, a 50-minute call starting around 11 am, had Mohit assure employees that the company will no longer delay variable pa...
- 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...
- Byju's to Ola: Meet the bosses of companies that saw most job cutsByju's laid off 3,500 employees. Co-founder: Byju Raveendran.
- Byju's staff say morale waning amid turmoil at Indian edtech firmAuditor Deloitte and three prominent board members severed ties with the Bengaluru-headquartered firm on Thursday, raising further question...
- 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 begins another round of layoffs; to impact 500-1,000 employeesThe fresh set of layoffs at Byju's is expected to impact employees across marketing, sales, business development as well as product and tec...
- Byju's employee who worked '24/7' laid off, shares painful ordealEdtech major BYJU's has laid off close to 1,000 employees across departments as part of its restructuring process. The fresh round of firin...
- 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...
- Byju’s under fire: our top stories covering controversies surrounding the edtech majorByju’s, Indian highest-valued startup, had a torrid 2022 thanks to a series of controversies over its financials, unpaid loans, governance ...
- Byju’s continues to cut jobs, another 1,000 employees laid offThe layoffs are part of a massive cost cutting exercise Byju’s initiated last year to streamline its operations at a time when digital K12 ...
- 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 WhiteHat Jr may see rebranding, fires another 300 in TopprAs per current discussions, Byju’s may add its name to WhiteHat Jr as a suffix, but there is also a consideration to rename it fully under ...
- 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.
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