Layoffs
on

MagicalMarshmallow
BYJUs Top level erosion
Many VPs, Business heads are moving out so quickly mergers of departments and closure of some departments. Scary !!!
34mo ago
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PeppyRaccoon
Microsoft34mo
F'em. Looting money from kids of middle class parents

SleepyNugget
Amazon34mo
Are these people moving out because too management is asking them to or are they moving out on their own reasons?

BouncyMarshmallow
Stealth34mo
They are closest to action and have sales numbers access. Most of them are voluntary till now. The layoff at this layer may start by March

SleepyHamster
Stealth34mo
From some credible management sources
- Tech layoff yes.
- VP voluntarily exit not really, two reasons
- all VPs have handsome ESOP deal that will make them damn rich if they ride this wave. Davos event (fox interview) expected to strengthen BYJUs brand is US. Sales are growing (slowly)
- some VPs (legacy) were BDAs turned VPs due to boom. They might see additional responsibility or stress, might have to move out

BouncyMarshmallow
Stealth34mo
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

DizzyMarshmallow
Zomato34mo
Omg

SleepySushi
Stealth34mo
Which departments?
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