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Byju's Plans to Cut 1,000 Jobs, Offers 2 Months' Salary as Severance

The decision to downsize comes amidst allegations of a term loan predicament and mounting tensions with lenders, prompting Byju's to implement cost-cutting measures across various divisions.

By Kashish Haswani
Jun 20, 2023 11:23 IST 2 Min read
byjus founderISN In Depth
Byju's Battles to Retain $1.2 Billion Loan Amidst Challenges & Lawsuit
By Kashish Haswani
Jun 08, 2023 23:53 IST 3 Min read
byjusNews
Lenders Dismiss BYJU'S Lawsuit as Meritless
By Kashish Haswani
Jun 09, 2023 17:07 IST 2 Min read
byju raveendran byjusNews
Edtech giant Byju's on the way to fire 1,000 employees: Report
By Kashish Haswani
Jun 08, 2023 17:42 IST 2 Min read
byju raveendranNews
Edtech giant Byju's steps into generative AI, launches Byju's WIZ
By ISN Team
Jun 08, 2023 11:00 IST 2 Min read
byju raveendranNews
Byju's goes to New York Supreme Court, says 'It will not make further loan repayments to lenders'
By ISN Team
Jun 06, 2023 21:03 IST 2 Min read
byju raveendranNews
Byju's Races Against Time to Meet $40 Million Payment Deadline
By Kashish Haswani
Jun 05, 2023 13:07 IST 2 Min read
byju raveendranNews
Byju's is not a decacorn anymore as BlackRock slashes its valuation to $8.4 billion
By ISN Team
May 31, 2023 13:19 IST 1 Min read
byju raveendranFunding Fusion
Edtech giant Byju's continues to raise funds, this time debt of $250 million
By Jaya Vishwakarma
May 12, 2023 21:59 IST 1 Min read
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