FluffyTaco
FluffyTaco

Byjus layoffs: Severance package & which sections?

Was any severance package provided? How many months of notice pay would the affected employees get?

Which sections were affected? White hat junior? Osmo?

Also heard that several ones who were about to get variable pay are being laid off to avoid it??!! True!?

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DerpyBurrito
DerpyBurrito

Actually they say it as layoff , wht they make you do is voluntarily resign , so no severance, just 1 month notice period pay you will get without working and if you got any previous bonus, that you can keep ..... Haa 1 more point you can avail their health insurance benefits for 6 months

FluffyTaco
FluffyTaco

Just 1 month! So the official notice period is also 1 month is it?

DerpyBurrito
DerpyBurrito

Yes you are absolutely right

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Layoffs
by SleepyHamsterGrowth Manager

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 ...

Layoffs
by SleepyHamsterGrowth Manager

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 comments
user

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

user

It's Karma, Bychus bitches. You looted the poor lower middle class families by creating fomo and fucked their ch...

user

Whitehat also affected. Heard folks from content team in Mumbai that they are being asked to come to Bangalore and wo...

Layoffs
by SleepyJellybeanData Scientist

BYJU'S set to fire another 4,000 employees

This gets the figure to like 10k in that many months 🫣

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Top comments
user

Paying exorbitant salaries was going to bite them sooner or later, feel sad for those who will loose their jobs. But ...

user

What grows fast, comes down faster!!!