Byjus layoff 2023
WebApr 13, 2024 · BYJU’s acquired WhiteHat Jr, Scholr and Aristotle in FY21. It acquired 76% shares of Whitehat Jr in an all cash-deal of INR 1,327 Cr. With a total loss of INR … WebFeb 2, 2024 · Byju’s had in October 2024 said it was laying off 5% of its employees totalling around 2,500. The total layoffs, however, are much higher in scale and it is said to be in the range of 10,000, people cited …
Byjus layoff 2023
Did you know?
Web1 day ago · The mass layoffs in the tech industry follow close on the heels of the hiring frenzy of Covid-19. But as tech companies seek to lower headcounts to strengthen their balance sheets, the biggest chunk of jobs lost is not in tech-related roles. According to a … WebNov 1, 2024 · Byju's said it is in the process of restructuring. Byju Raveendran, the chief executive officer (CEO) of edtech giant BYJU's, has apologised to his employees for the …
Web2 days ago · Bengaluru-headquartered edtech major BYJU'S is looking to refinance a part of its $1.2 billion term loan B (TLB) through equity financing, said CEO Byju … WebOct 12, 2024 · Edtech company BYJU'S has said it will be laying off about 5% of its workforce across product, content, media, and technology . According to a press …
WebOct 30, 2024 · The company had announced that it will lay off around 5 per cent (2,500 workers) of its 50,000-strong workforce as part of its plan “to grow profitably and sustainably” by March 2024. Web2 days ago · “Market challenges have forced us to re-evaluate our decisions. Funding has significantly slowed down and a large portion of our core business has moved offline,” Munjal wrote in an internal memo,...
WebOct 12, 2024 · India's Byju's to cut 2,500 staff, aims for profitability by March 2024 Reuters BENGALURU, Oct 12 (Reuters) - India's popular edu-tech startup Byju's will lay off …
WebFeb 2, 2024 · Byju’s Lays Off 1,000 Employees Due To Slow Revenue Growth, Staff Fired Over WhatsApp Calls Byju's had in October last year sacked around 2,500 employees … msu off campus exemptionWebApr 8, 2024 · In Luxembourg, according to a person familiar, exiting Amazon employees have been offered a month’s salary per year of service, with extra pay determined by national laws. Layoff offers began the middle of last month, the person added, and people will depart on either April 1 or June 1 depending on whether they’ve opted into a two … msu northern summer classesWebFeb 2, 2024 · Byju’s headquater. The Byju’s’s headquarter is at Bengaluru, India. Byju’s funding. The Byju’s is currently at Private Equity stage. It has raised around 5500M from … msu northern business officeWebFeb 2, 2024 · February 2, 2024. News. Byju’s has laid off more than 1,000 employees in a new round of layoff at the only edtech decacorn, according to three sources aware of … msu offensive coordinatorWebNov 1, 2024 · Byju’s reported a loss of Rs 4,564 crore in the 2024 fiscal. The financial statement revealed that the net loss of the company swelled to Rs 4,564 crore as promotion and employee expenses rose.... how to make money discordWebOct 12, 2024 · Byju’s search for profitability comes as VC-backed early Indian startups have renewed their focus on profitability after going public. In April, Paytm’s Vijay Shekhar … how to make money documentary photographyWebOct 12, 2024 · India's ed-tech unicorn Byju’s is laying off 2,500 employees in an attempt to become profitable by March 2024. The layoff would be 5% of Byju's total workforce … how to make money day trading stocks