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Layoffs
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MagicalMarshmallow
MagicalMarshmallow
BYJU'S

BYJUs Top level erosion

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

23mo ago
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DerpyBurrito
DerpyBurrito
Stealth23mo

Will there be layoffs again in Tech ?

BouncyMarshmallow
BouncyMarshmallow
BYJU'S23mo

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

DerpyBurrito
DerpyBurrito
Stealth23mo

Bhai kuch log bachega kya ... 😂

PeppyRaccoon
PeppyRaccoon
Microsoft23mo

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

SleepyNugget
SleepyNugget
Amazon23mo

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

BouncyMarshmallow
BouncyMarshmallow
BYJU'S23mo

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

SleepyHamster
SleepyHamster
Stealth23mo

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
BouncyMarshmallow
BouncyMarshmallow
BYJU'S23mo

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

DizzyMarshmallow
DizzyMarshmallow
Zomato22mo

Omg

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