Tag: byjus layoffs
Byjus layoffs: Byju’s lays off about 500 staffers, nearly half from tuition centre business
Troubled edtech Byju’s has laid off about 500 staffers, largely across sales and marketing functions, at a time when it is struggling to raise capital…
byjus news: BCCI initiates insolvency plea against Byju’s over unpaid dues
The Board of Control for Cricket in India (BCCI) has filed a corporate insolvency plea against Byju’s for allegedly defaulting on the payment of Rs…
Byju Raveendran: ED issues show cause notice of Rs 9,362 crore to Byju’s for forex violation
The Enforcement Directorate, late Tuesday, confirmed it has issued show cause notices to Byju’s parent Think & Learn and its founder and chief executive Byju…
byju: Byju’s close to profitability, expect to resolve loan issue without court’s intervention: CEO
Edtech major Byju’s is growing slowly but sustainably and is close to achieving profitability at the group level, the company’s CEO Byju Raveendran said on…
byjus layoffs: Byju’s begins another round of layoffs; to impact 500-1,000 employees
Edtech major Byju’s is undertaking another major round of layoffs which is expected to impact at least 500-1,000 full time employees across teams, as the…
Byjus: Byju’s lenders seek $200 million prepayment over restructuring $1.2 billion loan
Byju’s lenders have sought up to $200 million (about Rs 1,600 crore) in prepayment along with a higher rate of interest from the Bengaluru-headquartered company…