Byju's To Cut 5,000 More Jobs: Report
Byju's plans to cut around 5,500 jobs to decrease costs amid a restructuring of its business, the Economic Times reported on Tuesday.
Source: ndtv.com
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India's Byju's to merge businesses, slash around 5,500 jobs - ET
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...
Source: marketscreener.com
Byju's Layoffs: Edtech Major To Sack 4,000-5,000 Employees in Business Restructuring Exercise in Upcoming Weeks
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". 📲 Byju’s Layoffs: Edtech Major To Sack 4,000-5,000 Employees in Business Restructuring Exercise in Upcoming Weeks.
Source: latestly.com
BYJU'S In Catch-22
There’s no shortage of fires to fight for BYJU’S new India CEO Arjun Mohan -- from the business to the many issues with the company's lenders
Source: inc42.com
The Pai-and-Kamath way to startup investing; and other top tech stories this week
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.
Source: indiatimes.com