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Byju's news: Byju's to vacate several offices in cost-cutting drive, may give up HQ partially

Edtech firm Byju's is undergoing cost-cutting and restructuring efforts, downsizing smaller assets and consolidating its focus on the top four to five cities. The company has identified offices and tuition centers for closure across 17 cities, reducing the count to approximately 250. Byju's faces financial challenges, including disputes with landlords over rental payments and legal issues related to a $1.2 billion loan

Kalyani , Karnataka , India , Bengaluru , Prestige-group , Kalyani-developers , Kalyani-tech , Prestige-tech-park , Kalyani-tech-park , Byjus-news , Byju-s

Byjus cost cutting news: Byju's to vacate several offices in cost-cutting drive, may give up HQ partially

Byju's is undergoing a cost-cutting initiative and restructuring drive, downsizing assets and tuition centers. The edtech firm has identified assets that overlap with its Aakash centres.

Bengaluru , Karnataka , India , Delhi , Lucknow , Uttar-pradesh , Kalyani , Programme-in-fintech , Offering-college , Certificate-programme-in-data-science-machine , Kalyani-developers

Byju's to vacate several offices in cost-cutting drive, may give up HQ partially, ET RealEstate

Byju's is undergoing a cost-cutting initiative and restructuring drive, downsizing assets and tuition centers. The edtech firm has identified assets that overlap with its Aakash centres.

Bengaluru , Karnataka , India , Kalyani , Kalyani-developers , Prestige-group , Representative-image , Representative-imageembattled , Kalyani-tech , Prestige-tech-park , Kalyani-tech-park

byju's vacates bengaluru office space: Byju's vacates 4 lakh sq ft Bengaluru office space to cut costs

Byju's was paying a rental of about Rs 4 crore per month for the office space and had signed the rental agreement about 3.5 years ago with the Prestige Group.

Bengaluru , Karnataka , India , Kozhikode , Kerala , Kalyani , Juggy-marwaha , Kalyani-developers , Offering-college , Indian-school-of-business , Prestige-office-ventures , Prestige-group

Troubled edtech firm Byju's vacates 4 lakh sq ft office space in Bengaluru: Report

Education technology firm Byju's, struggling financially, has vacated a 400,000 sq ft office space in Bengaluru in an attempt to cut costs.

Kalyani , Karnataka , India , Bengaluru , Juggy-marwaha , Kalyani-developers , Prestige-group , Prestige-office-ventures , Prestige-tech-park , Economic-times , Kalyani-tech-park , Kalyani-tech

Byju's cutbacks: Employees struggle with deteriorating workplace amid massive cash crunch

Byju's slashed its monthly operational expenses by 63 percent in December. The result? Badly maintained washrooms, no coffee machines, non-operational elevators, and low employee morale in its Bengaluru offices.

Kalyani , Karnataka , India , Bengaluru , Byju-raveendran , Roshan-thomas , Employee-provident-fund-organisation , Cogente-services , Prestige-tech-park , Great-learning , Kalyani-tech , Byju-s

Byju's vacates its biggest office space in Bengaluru to save costs

Over the weekend, Moneycontrol visited Kalyani Tech Park and the two remaining offices of Byju’s — IBC Knowledge Park, Bannerghatta and Prestige Tech Park, Kadabeesanahalli, to confirm the development.

Bengaluru , Karnataka , India , Kalyani , Byju-raveendran , Byju-tuition-center , Foreign-exchange-management , Provident-fund-organisation , Asset-management-company , Blackrock , Kalyani-tech , Kalyani-tech-park

Byju's Vacates Office Spaces in Bengaluru Amid Financial Strain

The most valuable edtech business in India, Byju's, has recently made substantial efforts to reduce expenses and address liquidity issues.

India , Bengaluru , Karnataka , Kalyani , Byju-raveendran , Byju-tuition-center , Provident-fund-organization , Blackrock , Office-spaces , Kalyani-tech , Leading-edtech-pioneer , Delayed-funding