Many VPs, Business heads are moving out so quickly mergers of departments and closure of some departments. Scary !!!
Will there be layoffs again in Tech ?
Yes, There is one round next week starting on Jan 29 and furthermore by March and April
Bhai kuch log bachega kya ... 😂
F'em. Looting money from kids of middle class parents
From some credible management sources
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
Omg
The new head of HR who came from Infy has been given a mandate to clean up the house and there are multiple people ( still) drawing salaries upwards of 50 Lakh to 2 Cr who have been asked to move out if they have not moved out already ....
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...
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...
People in the firm what is happening? Is this the end of edtech and BYJUs? What went wrong?
