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.
Scary scenes in the office, no severance pay just notice period is being paid pathetic company.
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Seen on twitter that byju's is asking to resign.pathetic
No one was officially laid off , just they asked everyone to resign with no severance, just the notice period
People in the firm what is happening? Is this the end of edtech and BYJUs? What went wrong?
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 ...
First the audit report got delayed. Now they’ve reported a loss of over 4.5k cr. And I believe they’re like a mothership of edtech, if they gone down then the entire category goes down from an investment perspective
Rumors from the grapevine - Byjus has laid off a lot of people in the tech team. A person i know who works there mentioned 7 out of 10 people in his team were laid off.
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...
