Byjus layoff news
WebOct 12, 2024 · Edtech giant Byju’s is set to lay off nearly 2,500, or 5 per cent, of its employees as part of an “optimisation” plan. The move by India’s most valuable start-up comes amid a funding winter and steep losses. WebJun 29, 2024 · Bengaluru-based Byju’s — valued at $22 billion — has laid off about 500 employees at its group companies —WhiteHat Jr and Toppr. It’s a move to drive cost …
Byjus layoff news
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WebOct 14, 2024 · The giant Edtech company BYJU ’s is planning to fire 2,500 employees in the next six months. These employees account for 5% of its workforce. The step will be taken with an aim of becoming profitable by March 2024. Employees from almost all the departments will be losing their jobs. WebNov 1, 2024 · As reported by WION, in May, the online learning platform had reported a loss of 45.64 billion rupees ($554.77 million) for fiscal 2024 due to higher promotion and employee expenses. Read more: Indian edtech giant Byju's lays off 2,500 employees to cut costs, improve profitability
WebApr 13, 2024 · As per Inc42’s layoff tracker, BYJU’S has laid off 4,000 employees since 2024 across group companies as it is cutting costs to turn profitable. BYJU CEO, however, said that everyone talks about... WebNov 7, 2024 · At BYJU’s, around 2,500 layoffs have been made, which has reduced the EdTech company's workforce by 5 percent. CEO announces layoffs - 'Most difficult decision we've had to make since starting of company' Twitter lay offs in India begin, employees share reaction on social media
WebDec 4, 2024 · Byju's has already begun the process of terminating staff and giving a 15-day notice period. Netflix 10 / 11 Since the pandemic was weaned a few months ago, Netflix has been struggling with... WebNov 1, 2024 · Byju Raveendran, the chief executive officer (CEO) of edtech giant BYJU's, has apologised to his employees for the recent layoffs. The "I am sorry" email from him came days after the company...
WebOct 14, 2024 · 1. BYJU’s to lay off 5 workforce over next 6 months, 2500 employees to be jobless. 2. TNPSC Group 4 Result 2024 released on tnpsc.gov.in, direct link to download …
WebJun 30, 2024 · BENGALURU: Edtech company BYJU’S group companies-WhiteHat Jr and Toppr, together have laid off around 500 employees. This layoff comes at a time when the edtech start-ups are struggling and... hpu hybrid daikinWebJun 29, 2024 · Byju's, currently valued at $22 billion, has laid off over 2,500 employees across its group companies as the Byju Raveendran-led unicorn is looking to … fhbbxWebFeb 2, 2024 · Earlier in October, Byjus had laid off around 2,500 employees across various subsidiaries, including Toppr, Meritnation, TutorVista, Scholr and HashLearn, citing … fhb holzWebJun 30, 2024 · In a massive layoff, BYJU's has cut at least 600 jobs across its learning platform Topper and coding platform WhiteHat Jr. According to a report by IANS, "online learning giant BYJU's has cut at... fhb gépkocsinyeremény keresőWebNov 1, 2024 · Byju Raveendran, the chief executive officer (CEO) of edtech giant BYJU's, has apologised to his employees for the recent layoffs. The "I am sorry" email from him … fhb euro árfolyamWebNov 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.... hp uk businessWebOct 30, 2024 · New Delhi: Edtech unicorn and India’s highest-valued startup Byju ’s has been accused of making its employees resign “forcefully” by a union of IT employees in Bengaluru. This comes just days after the company came under fire in Kerala for forcing some of its employees to quit. fhb hose alma