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The report states that the reorganization initiative is being carried out under the direction of the new CEO, Arjun Mohan.
BYJU's had "over hired" people at the time of Covid pandemic due to sudden jump in online education, but the demand has now receded, for which the company needs to do the course correction, reported PTI quoting sources.
Byju's parent company, Think & Learn, is the only entity affected by the job cuts
Indian education technology firm Byju’s has revealed plans to implement significant restructuring measures, including a workforce reduction
“Byjus new India CEO, Arjun Mohan, will be completing this process in the next few weeks and will steer a revamped and sustainable operation ahead,” the spokesperson added.