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    HomeBUSINESS NEWSBYJUS Says It Is "Optimizing" Teams!

    BYJUS Says It Is “Optimizing” Teams!

    BYJUS Says Having Laid Off 2,500 Employees Across Its Group Companies. The Company Went Into Damage Control And Issued A Statement Saying... || BUSINESS NEWS || NIRMAL NEWS.

    BYJUS Says It Is “Optimizing” Teams!

    BYJUS Says It Is “Optimizing” Teams! || BYJUS Has Laid Off Thousands Of Employees To Cut Costs

    BYJUS Having Laid Off 2,500 Employees Across Its Group Companies. The Company Went Into Damage Control And Issued A Statement Saying, It Was “Optimizing” Its Teams Across Group Companies. It Added That The “Entire Exercise Involves Less Than 500 Employees Across BYJUS Group Companies”.

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    “To Recalibrate Our Business Priorities And Accelerate Our Long-Term Growth!

    We Are Optimizing Our Teams Across Our Group Companies. This Entire Exercise Involves Less Than 500 Employees From Across BYJUS Group Companies”!

    According To BYJUS Is Looking To Cut Costs With Demand For Edtech Services Moderating After Two Years Of Excessive Growth.

    BYJUS Has Laid Off Full-Time And Contractual Employees From Topper, Whitehat Jr, And Its Core Team Across Sales And Marketing, Operations, Content And Design Teams”!

    “While On June 27 And June 28, Byju’s Laid Off Over 1,500 Employees From Topper And Whitehat Jr, The Two Companies It Acquired Over The Last Two Years, On June 29, It Sent Out E-Mails To Nearly 1,000 Employees From Its Core Operations Teams”!

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    They Have Reduced Content, Solution-Writing And Design Teams Drastically Across Group Companies.

    Some Of These Teams Have Even Been Reduced To Zero. Earlier They Were Laying Off Employees From The Companies They Acquired So That Their Name Doesn’t Come Directly, But Now They Have Laid Off Employees From Its Core Operations!

    BYJUS Has Laid Off About 1,200 Employees From Topper Alone. Said That About 300-350 Permanent Employees From Topper Were Laid Off, While Another 300 Employees Were Asked To Tender Their Resignations, Or Were Told That They Will Not Get Salaries For About 1-1.5 Months.

    “Moreover About 600 Contractual Employees Were Laid Off Whose Tenures Were Scheduled To End Around October Or November, This Year”

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    Top Administration Cited Cost-Cutting And Redundancy In Roles As The Reason Behind The Layoffs!

    BYJUS Is Also Looking To Integrate Topper’s Operations With Itself. So, For Obvious Reasons, Other Than Educators, Many Roles Will Become Redundant. Only About 100 Employees Are Left At Topper Right Now”!

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