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.
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 ! 👋
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 ..
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
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.
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, they had a layoff. Lot of good people quit including great people Then, they had a second lay off Some great people in the leadership quit. Middle management people are quitting every day. Only engineers and other people who are...
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.