Tuesday, 20 June, 2023
Byju's Initiates Another Round of Layoffs, Affecting 500-1000 Employees
Edtech giant Byju's has commenced a new round of layoffs, which is expected to impact around 500 to 1000 employees. The move comes as the company restructures its workforce and reallocates resources to align with its evolving business strategy. Byju's, known for its online learning platforms, has witnessed significant growth in recent years but is now focusing on optimizing operations and enhancing efficiency. The decision reflects the dynamic nature of the education technology industry.