Page 35 - Great Learning News Today

When Singaporean Tong Weiqiang watched Hong Kong wuxia, or martial arts, dramas more than 10 years ago, he was impressed by the plots and the costumes depicting such combat and chivalry.

Byjus to sack up to 2,500 employees: All you need to know

Byjus is also planning to hire 10,000 more teachers in the coming year.

The company will lay off 2,500 employees and focus on building brand awareness overseas through new partnerships and hire 10,000 teachers for India and overseas business

Edtech major Byju's has chalked out a plan to become profitable by March 2023 to optimise its marketing and operational cost, which will lead to retrenchment of 5 per cent employees or about 2,500 people in next six months.

BYJU's said it will also be "retargeting its marketing budget" towards more efficient growth.

Byju's co-founder Divya Gokulnath said that the company will start focussing on building brand awareness overseas through new partnerships and hire 10,000 teachers for India and overseas business.

India Edtech Consortium (IEC), the self-regulatory body formed under the aegis of IAMAI, revealed the results of a recently conducted Survey on teachers to assess the efficacy and quality of education the Edtech companies are driving within the count

Upskilling startups aim to rekindle user interest and micro-target interested students using multichannel marketing strategies.

With losses widening, edtech major BYJU'S is shifting its focus to profitability from growth at any cost. - Issue Date: Oct 16, 2022