Byjus layoff 2023
WebNov 1, 2024 · New Delhi: Edtech major Byju’s founder and CEO Byju Raveendran is “truly sorry” for the decision to lay off 2,500 employees, however, it was done “to protect the health of the larger organisation”. While he sacked 5 per cent of his workforce, Raveendran said that now his number one priority will be bringing them back. WebOct 13, 2024 · The many troubles at BYJU’s that goes beyond the recent layoffs. BYJU's is an edtech platform founded in 2015 with a current valuation of $22 billion. Management of the edtech platform says cost ...
Byjus layoff 2023
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WebHappy news is here! “India continues to be the front-runner of the startup ecosystem despite the current threatening economic uncertainties. This downfall is… WebOct 30, 2024 · The company had announced that it will lay off around 5 per cent (2,500 workers) of its 50,000-strong workforce as part of its plan “to grow profitably and sustainably” by March 2024.
WebFeb 3, 2024 · Byju’s lays off over 1,000 more employees The latest round of downsizing at the firm, which was last valued at $22 billion, has impacted workers across sales, marketing and communications and engineering … Web2 days ago · Updated Apr 12, 2024, 5:04 PM IST. In its latest ‘experiment’, edtech major Unacademy has launched an AI content editor that is throwing up some unhinged …
WebFeb 2, 2024 · Byju’s had in October 2024 said it was laying off 5% of its employees totalling around 2,500. The total layoffs, however, are much higher in scale and it is said to be in the range of 10,000, people cited … Web2 days ago · “Market challenges have forced us to re-evaluate our decisions. Funding has significantly slowed down and a large portion of our core business has moved offline,” Munjal wrote in an internal memo,...
WebOct 12, 2024 · India's ed-tech unicorn Byju’s is laying off 2,500 employees in an attempt to become profitable by March 2024. The layoff would be 5% of Byju's total workforce …
WebFeb 2, 2024 · Byju's is reportedly forcing employees to resign. By Ankita Garg: After Google, Byju's is the latest company to fire hundreds of employees. The edtech company has … eye doctor whitehall paWebNov 1, 2024 · Byju's said it is in the process of restructuring. Byju Raveendran, the chief executive officer (CEO) of edtech giant BYJU's, has apologised to his employees for the … eye doctor white hall arWebFeb 2, 2024 · February 2, 2024. News. Byju’s has laid off more than 1,000 employees in a new round of layoff at the only edtech decacorn, according to three sources aware of … dod touhy regulationsWebDec 28, 2024 · Layoffs in 2024: Byju's, Ola, Blinkit, 3 other Indian startups sacked a total of more than 11,000 employees this year Surprisingly, six startup firms Byju’s, Ola, Blinkit, … eye doctor whitinsville maWebApr 8, 2024 · In Luxembourg, according to a person familiar, exiting Amazon employees have been offered a month’s salary per year of service, with extra pay determined by national laws. Layoff offers began the middle of last month, the person added, and people will depart on either April 1 or June 1 depending on whether they’ve opted into a two … dod top 100 contractorsWebOct 12, 2024 · New Delhi: Edtech major Byju's has chalked out a plan to become profitable by March 2024 to optimise its marketing and operational cost, which will lead to … eye doctor whitewater wiWebOct 28, 2024 · In the quest to turn profitable by the end of the ongoing financial year, Byju’s has been on a layoff spree. Few weeks back, it fired over 2,500 of its employees across all verticals. Before... eye doctor whiteville nc