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.
What’s happening with Shravan Tickoo ?
The only question that matters rn.
He left the company long time back
Heard VPs and above (comp range 1-2 cr) are also in the market looking for opportunities.
This is brutal. Surprising that there is no news about tech. Maybe they will be picked up later.
which department was your wife from ?
🫠
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.
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!
Hired lionel messi to promote brand and cuts employees to save costs. What a fucking high IQ C suite the compan...
It's Karma, Bychus bitches. You looted the poor lower middle class families by creating fomo and fucked their ch...
Whitehat also affected. Heard folks from content team in Mumbai that they are being asked to come to Bangalore and wo...
Another round of firing if $350-500m doesn't hit Byju's bank account by March end In all probability, it will hit. They're going for a down round. Reduced valuation.
People in the firm what is happening? Is this the end of edtech and BYJUs? What went wrong?
