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
Byju’s in talks to raise $500 million from TPG, sovereign funds: reportThe negotiations are ongoing and it's unclear if the prospective investors will go ahead with the deal, a Bloomberg report said.
18 Feb, 2023, 09.46 AM 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
2022 Year in Review: Fund-starved startups sacked nearly 18,000 employeesEdtech companies accounted for a staggering 44% of the total layoffs. In total, 52 startups fired 17,989 employees spread across edtech, co...
30 Dec, 2022, 02.45 PM IST
Amazon to shut down online learning academy in IndiaBased on an assessment, the ecommerce giant said in a statement that it had made the decision to discontinue Amazon Academy "in a phased ma...
24 Nov, 2022, 03.41 PM IST
Over 32,000 tech workers fired in US, more than 11,000 in India till JulySince April 1 this year, more than 43,000 workers from 342 tech companies/startups have been laid off across the world and over 13% are fro...
01 Aug, 2022, 11.34 AM IST
Unacademy won't sack more workers to cut costs, CEO Gaurav Munjal clarifiesIn April, Unacademy fired around 1,000 employees to cut costs Of these, about 300 were educators who worked with Unacademy on a contractual...
13 Jul, 2022, 06.55 AM IST
Startup layoffs triggered panic among senior professionals: surveyAbout 30% of senior professionals at about 200 organisations employing more than 200,000 people are seeking opportunities in other industri...
08 Jul, 2022, 06.00 AM IST
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...
04 Jul, 2022, 05.49 PM IST
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...
30 Jun, 2022, 09.37 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
Byju's says 500 employees laid off across groupWhen contacted, Whitehat Jr spokesperson said that the decision has been taken to realign business priorities and accelerate results with a...
30 Jun, 2022, 01.53 PM IST
Banks rethink fintech ties; Byju’s may rename WhiteHat Jr, sacks 300 at TopprNow, some banks that have tied up with financial technology companies for such products are rethinking these partnerships. RBL Bank for one...
30 Jun, 2022, 07.50 AM IST
Edtech carnage continues as WhiteHat Jr lays off 300 employeesWhiteHat Jr posted a total loss of Rs 1,690 crore for FY21, according to regulatory filings filed with the Ministry of Corporate Affairs.
29 Jun, 2022, 07.26 PM IST
Byju's pushes back payments for billion-dollar Aakash deal“WhiteHat Jr is focused on providing quality education to young students while continuing to build a strong business. To realign with our b...
29 Jun, 2022, 05.27 PM IST
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.
29 Jun, 2022, 04.59 PM IST
Byju's faces litmus test as edtech bubble bursts in IndiaAs India reopens amid 'hybrid normal' and schools and colleges return to normal, edtech platforms see a significant dip in the demand for o...
18 Apr, 2022, 12.20 PM IST