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BYJUs Top level erosion

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

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Early Stage Startup

2 years ago

Will there be layoffs again in Tech ?
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StartupBaba

Stealth

2 years ago

Yes, There is one round next week starting on Jan 29 and furthermore by March and April
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Arrow

Early Stage Startup

2 years ago

Bhai kuch log bachega kya ... 😂
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DrProduct

Amazon

2 years ago

Are these people moving out because too management is asking them to or are they moving out on their own reasons?
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StartupBaba

Stealth

2 years ago

They are closest to action and have sales numbers access. Most of them are voluntary till now. The layoff at this layer may start by March
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Work_in_progress

Stealth

2 years ago

Which departments?
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7867886678

Microsoft

2 years ago

F'em. Looting money from kids of middle class parents
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JJproduct

Startup

2 years ago

From some credible management sources - Tech layoff yes. - VP voluntarily exit not really, two reasons - all VPs have handsome ESOP deal that will make them damn rich if they ride this wave. Davos event (fox interview) expected to strengthen BYJUs brand is US. Sales are growing (slowly) - some VPs (legacy) were BDAs turned VPs due to boom. They might see additional responsibility or stress, might have to move out
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StartupBaba

Stealth

2 years ago

Possible if ESOPs are already vested as BYJUS does not refresh ESOPS Possible if VPs are not finding values in ESOPS as it would have been awarded to them for a high value like 14 Billion
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StartupBabaSr

Zomato

2 years ago

Omg
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Curated from across

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Layoffs on

by StartupBaba

Stealth

Byjus Next Round - CTO, CPO and multiple VPs and Business Heads

The new head of HR who came from Infy has been given a mandate to clean up the house and there are multiple people ( still) drawing salaries upwards of 50 Lakh to 2 Cr who have been asked to move out if they have not moved out already . Even one of Byjus Relatives in a head role has been asked to move out

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Layoffs on

by Narddawg_cornell

Unnamed

Byju’s list is ready for more layoffs .

Internal source: most vps are around the table these days, and too busy to get goats to sack this week. For Byju's product team, this week is crucial, usual results are out on Friday. ( product, design and media) 45% -50% cut from each team. There won’t be any news about Byjus from now on, my wife was the source, and she got laid off today.

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Layoffs on

by JJproduct

Startup

Layoff at BYJUS as mentioned by articles

As per internal company sources: This is big like 500+, lots of folks cut in platform teams, brand teams, marketing teams, business teams, product and tech. Wish everyone there all the best. This shall too pass!

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News Discussion on

by Fairprice

Journalist

Reports of another round of senior executives resigning from Byju's — Chief Business Officer, Prathyusha Agarwal, Himanshu Bajaj, Business Head of Byju’s Tuition Centers, and Mukut Deepak, Business Head for Class 4 to 10. Vet?

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Layoffs on

by JJproduct

Startup

Hearing really bad news from BYJUs, firm has silently laid off upto 15-20 K people in months

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

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Bangalore on

by StartupBaba

Stealth

Byjus may shut down

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.

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Layoffs on

by JJproduct

Startup

Another layoff at BYJUs

Heard that there has been some senior management connect, where in due to financial constraints & lack of new round of funding. Some folks will be asked to leave. This is a complete 360 from the conversation they had in Mar’23 where in an appraisal was on the cards

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Layoffs on

by BadBoy2233

Egnyte

BYJU'S Recent Layoffs

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.

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Layoffs on

by GoldenHandcuff

Amazon

Byjus 6th Round on 4th Dec 🥲

30% of engineers will be gone. 50% of higher managenment will be gone. List contains a total of 80 devs/managers/directors/Vp/CTO from Tech team, reducing the Tech Team size to merely 130. How does byjus justify their valuation, when there is no value ?

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