SleepyHamster

Stealth

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?

22mo ago

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PrancingPotato

Stealth22mo

They focused more on sales and marketing rather building right product to market

Being an ex byjus at leadership level I have personally seen products team were forced to build things as per marketing needs not what market demands

Bringing innovation nor raising engineering efficiency nor focus to solve tech debts were considered

Adding fuel to fire, the new leadership imported lot of program managers who merely did calculated no of person vs number of days.

Erosion of good tech folks post the above import impacted the quality and speed by which product has been built.

End of pandemic played a major role making online education obsolete.

Adamant founding team paying the price now

BouncyMarshmallow

BYJU'S22mo

Which product did you work on ? Not all product teams in Byjus were like this. There were some excellent PODs as well

PrancingPotato

Stealth22mo

Every-team under new president had the problem and abused.

may be you are part of marketing team..?

SleepyHamster

Stealth22mo

Summarising some of the comments

lack of product focus
no strong talent pipeline and retention plan
excessive spends on marketing
non transparent & confused leadership
lack of respect / love for employees

BouncyMarshmallow

BYJU'S22mo

Also stupid acquisitions where lot of so called Founders ( mostly failed products which no one ever used) warming chairs to get their stocks vested or amounts credited to bank account

WigglyDumpling

BYJU'S22mo

People becoming VP/AVP in sub-30 age is a big issue.

PrancingPotato

Stealth22mo

The problem is people without that capability and leadership quality became VP 😂

CosmicDonut

Stealth22mo

Even before this firing spree, it's been reported on this forum that there is a lot of harassment including of women in Byju's. How true is this??

WigglyDumpling

BYJU'S22mo

Not really.

FluffyDonut

Stealth22mo

Nah.

PrancingWaffle

Stealth22mo

I am going to talk about an unpopular opinion here. Pressure on profitability is extremely high as of now in all the edtech firms. Investors are not going to give out free lunches anymore. Most of the folks/teams being asked to leave form a part of important but not so critical mass at the moment. Company needs to buckle down and showcase profitably run businesses across divisions. Some of the firing is also due to excessive hiring during covid years and duplicate teams being created as per the whims and fancies of leaders. Course correction was much needed and is happening as per priority.

PeppyDumpling

Stealth22mo

Course correction is fine but the Engineering team strength is halved since October, 50% cut. Only Twitter might have done more layoffs percentage wise in the world. I will call it a crash landing instead of course correction.

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Curated from across

Layoffs22mo

by DerpyJellybeanEgnyte

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.

Layoffs18mo

by SleepyHamsterStealth

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!

Top comment

Hired lionel messi to promote brand and cuts employees to save costs. What a fucking high IQ C suite the compan...

Layoffs18mo

by SleepyHamsterStealth

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 ...

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