Massive layoffs: BYJU's cuts 600 jobs as edtech space shrinks in India
The company said in a statement that it was 'optimising' its teams across group companies
Source: gulfnews.com
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Over 60,000 startup employees stare at job loss as India prepares for 200 unicorns
As startups in India keep firing their staff to navigate through the 'funding winter' and more than 60,000 can lose their jobs in 2022 alone, the country is preparing to welcome 200 unicorns in the next four years.
Source: moneylife.in
India prepares for 200 unicorns, though 60K startup employees stare at job loss
Nearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacademy, Vedantu, Cars24, Mobile Premier League (MPL), Lido Learning, Mfine, Trell, farEye, Furlanco and more.
Source: ummid.com
'On track': Byju's responds to reports of pushing back payments of $1 billion acquisition
The EdTech unicorn said that the billion dollar Aakash acquisition process was on track, to be completed by August.
Source: dnaindia.com
BYJU's cuts 600 jobs as edtech space shrinks in India
In a big overhaul as the Indian edtech space shrinks considerably, online learning giant BYJU's has cut at least 600 jobs -- asking 300 employees at its Toppr learning platform and another 300 at coding platform WhiteHat Jr to go.For the layoff ...
Source: prokerala.com