Did Byjus layoff happened in Tech Teams ??

Rumors from the grapevine - Byjus has laid off a lot of people in the tech team. A person i know who works there mentioned 7 out of 10 people in his team were laid off.

Don't know exact Numbers but Tech people Impacted 🥲🥲🥲

Heard they are doing another round of firing today, can anyone confirm this?

are there going to be layoffs again in byjus? If yes then in which department?

First, they had a layoff. Lot of good people quit including great people Then, they had a second lay off Some great people in the leadership quit. Middle management people are quitting every day. Only engineers and other people who are not able to get jobs are remaining They shut down majority of US acquisitions They are trying to sell some of them like Tynkr and Epic Not able to raise funding till now even though trying since December Sales is down 90% New Inside Sales process is not working They are out of runway.

Byjus has done another round of layoffs today, even VPs and top level managers were affected. Investors are losing faith in the organization. Looks like the fall of the company has started.

Many VPs, Business heads are moving out so quickly mergers of departments and closure of some departments. Scary !!!

People in the firm what is happening? Is this the end of edtech and BYJUs? What went wrong?

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Tentatively JAN third week. ( no runway left for Feb) - Employees could be paid in Esop’s valued at 2.7B $ as per internal disscussions. CLE, Content, Tech and product teams are going to be sliced. All products are going to KTLO. This is the final round - post this the company Survives and sticks to K12 until 2026 OR it files for bankruptcy.☹️ Guys this is my last post about Byjus. All the best Soldiers ! 👋