BCCI initiates insolvency plea against Byju's over unpaid duesThe complaint has been registered with the Bengaluru bench of the National Company Law Tribunal (NCLT). Justices K Biswal and Manoj Dubey h...
04 Dec, 2023, 06.12 PM IST
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.
18 Aug, 2023, 05.28 PM IST
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.
27 Jul, 2023, 12.54 PM IST
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...
22 Jul, 2023, 09.57 PM IST
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...
23 Jun, 2023, 02.56 PM IST
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...
21 Jun, 2023, 10.00 AM IST
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...
30 May, 2023, 11.49 PM IST
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 ...
29 Apr, 2023, 01.21 PM IST
Byju’s lenders seek $200 million prepayment over restructuring $1.2 billion loanEdtech company yet to agree to the clause; lenders also want fortnightly updates on firm’s cash position. Byju’s holds $650 million in over...
07 Apr, 2023, 12.31 PM IST
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 ...
02 Feb, 2023, 10.13 PM IST
Byju’s cuts another 1,000 jobs; ‘year of efficiency’ at Meta, says Mark ZuckerbergTroubled edtech firm Byju’s, in a fresh round of layoffs, has fired another 1,000 employees. This and more in today’s ETtech Top 5
02 Feb, 2023, 08.24 PM IST
Byju’s reverses decision to close product development centre in ThiruvananthapuramCompany reiterates its commitment to Kerala, says it will pursue a growth strategy in the state
02 Nov, 2022, 07.53 PM IST
Byju’s CEO emails sorry to staff for not so ‘smooth’ layoffsByju Raveendran also acknowledged in his internal e-mail that the process was “not as smooth” as the company intended. ET has reviewed a co...
31 Oct, 2022, 09.45 PM IST
Bengaluru employee union alleges Byju's forcing resignations; company denies claimsA Bengaluru-based union of IT sector employees has flagged “massive retrenchment” drive at the company where the company staff is being ask...
29 Oct, 2022, 08.39 PM IST
Kerala orders probe as Byju's closes its office, sacks staffByju’s had earlier said it would “rationalise” about 5% of its 50,000-strong workforce across departments such as product, content, media a...
27 Oct, 2022, 08.45 AM IST
Byju’s to sack up to 2,500 employees in 'rationalisation' bidA host of well-funded startups including Meesho, Cars24, and Unacademy have trimmed workforce to save capital and extend their runways amid...
14 Oct, 2022, 01.50 PM IST
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 ...
30 Jun, 2022, 02.55 PM IST