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September 26, 2023
Edtech major Byju's is going to lay off 4,000-5,000 employees in a "business restructuring exercise" in the coming weeks, the media reported on Tuesday.According to TechCrunch, Byju's will go through the restructuring exercise "to ...
September 26, 2023
Indian education firm Byju's plans to cut around 5,500 jobs to decrease costs amid a restructuring of its business, the Economic Times reported on Tuesday.Arjun Mohan, who took over as the chief executive of the company's India business, has briefed senior executives that he will be merging several busine
September 26, 2023
Byju's parent company, Think & Learn, is the only entity affected by the job cuts
September 26, 2023
The affected workforce will include senior executives, which will reduce the firmโs high cost of senior management-related expenses
September 26, 2023
These job cuts come at a time when the embattled edtech unicorn is grappling with a tight liquidity situation.
September 26, 2023
Byju's plans to cut around 5,500 jobs to decrease costs amid a restructuring of its business, the Economic Times reported on Tuesday.
September 26, 2023
Indian education firm Byjus plans to cut around 5,500 jobs to decrease costs amid a restructuring of its business, the Economic Times reported on Tuesday. Arjun Mohan, who took over as...
September 26, 2023
The edtech major last week elevated Mohan as the CEO of its India operations, as it mulls to sell some of its subsidiaries to repay its outstanding $1.2 billion Term Loan B (TLB) amid "difficult business restructuring". ๐ฒ Byju’s Layoffs: Edtech Major To Sack 4,000-5,000 Employees in Business Restructuring Exercise in Upcoming Weeks.
September 24, 2023
Thereโs no shortage of fires to fight for BYJUโS new India CEO Arjun Mohan -- from the business to the many issues with the company's lenders
September 23, 2023
Bluestone is only the latest in the list of investments by Pai and Kamath, but this marks the growing pace at which they are signing new cheques at a time mid-to-large scale startups are finding it hard to score new funding.