BYJU'S Hits Pause On Campus Hiring Amid Restructuring
BYJU’S will put participating in campus hiring on hold this year as it carries out extensive cost-cutting measures to stabilise the ship.
Source: inc42.com
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BYJU'S Mass Layoffs: Can New CEO Stop The Rot?
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
Source: inc42.com
Indian startups have laid off over 30,000 employees since the beginning of 2022
From 2022 to date, approximately 95 startups have laid off nearly 31,965 employees, according to Moneycontrol's layoff tracker, as they aim to reduce expenses and prioritise profitability.
Source: moneycontrol.com
Data recap: Jobs market, government debt, GST claims, and more
News and developments from the week gone by, through numbers and charts
Source: livemint.com
Byju's New India CEO to Cut More Than 4,500 Jobs - The Economic Times
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.
Source: indiatimes.com