Page 12 - Arjun Mohan News Today

BYJU’S will put participating in campus hiring on hold this year as it carries out extensive cost-cutting measures to stabilise the ship.

The sacking of more than 4,000 employees shows us that BYJU’S is plagued by some very old problems that have become hard to get rid of

From 2022 to date, approximately 95 startups have laid off nearly 31,965 employees, according to Moneycontrols layoff tracker, as they aim to reduce expenses and prioritise profitability.

News and developments from the week gone by, through numbers and charts

Arjun Mohan, who took charge as the new chief executive of the India business at Byjus last Wednesday, is set to unveil a series of changes at the financially troubled edtech firm, including cutting the headcount by a third or about 4,000-4,500 people to further tighten costs, people aware of the matter said.

Edtech major BYJU’s may lay off up to 3,500 employees during the current fiscal as it looks to consolidate teams and enhance regional focus, sources privy to the...

According to one of the sources, the company had 'over hired' people during Covid pandemic due to sudden jump in online education but the demand has now receded, for which it needs to do the course correction

Foreign institutional investors (FII) sold shares worth Rs 693.47 crore, while domestic institutional investors (DII) bought Rs 714.75 crore worth of stocks on September 26, provisional data from the National Stock Exchange (NSE) showed.

Edtech major BYJUS may lay off up to 3,500 employees during the current fiscal as it looks to consolidate teams and enhance regional focus, sources privy to the development said. According to one of the sources, BYJUS had "over hired" people at the time of Covid pandemic due to sudden jump in

BYJU’S has implemented a stringent new social media policy, instructing its employees to refrain from interacting with media outlets