FuzzyPickle
FuzzyPickle

Yet Another layoff round at Byjus - Round 7 🥲

Tentatively JAN third week. ( no runway left for Feb) - Employees could be paid in Esop’s valued at 2.7B $ as per internal disscussions.

CLE, Content, Tech and product teams are going to be sliced. All products are going to KTLO. This is the final round - post this the company Survives and sticks to K12 until 2026 OR it files for bankruptcy.☹️

Guys this is my last post about Byjus. All the best Soldiers ! 👋

12mo ago
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FloatingMarshmallow
FloatingMarshmallow

What about epic sale?

FluffyHamster
FluffyHamster
BYJU'S12mo

It's not going to happen right now ...

FuzzyNoodle
FuzzyNoodle
BYJU'S12mo

Really? My manager was telling me that the sale would be over in January and things would change post that. But this is damning.

DizzyMochi
DizzyMochi

So basically we might get ESOPs which is worthless anyway as FNF? Wtf

FloatingBurrito
FloatingBurrito

Sapne nahi dhekte aakh khol ke

FuzzyPickle
FuzzyPickle

If they’re only going to stick to K12 then I assume alll the other teams apart from Aakash team will be let go. Awful times

FuzzyNoodle
FuzzyNoodle
BYJU'S12mo

They're gonna remove upsc vertical too? Damn

FuzzyPickle
FuzzyPickle

Idk bro, I left the org few months ago

FluffyHamster
FluffyHamster
BYJU'S12mo

Byjus along with family have already leaved India.. they have their money in hand and no one going to save byjus now .... Leave as soon as possible resign ... I am not bluffing... I have few friends in internal discussion making team ..

BouncyPretzel
BouncyPretzel
Meta12mo

I will be so happy if what u said becomes true. I wish the same happens with Unacademy and they should pay the price for playing with the aspirations of students

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Layoffs

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!

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user

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

Layoffs

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 ...

Office Gossip

Byju's layoffs

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.