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Byju'a initiates layoffs via phone calls
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Edtech company Byju's initiated layoffs on phone calls and is letting go employees without putting them on a performance improvement plan (PIP), Moneycontrol reported citing people in the know. The company is also not asking employees to serve a notice period, the report claimed.
The company has confirmed the development through a statement.
While the exact number of layoffs are unknown, anywhere between 100 to 500 employees could have been impacted.
#EdTech #byjus #layoffs #education #business #news #startupnews #startupstory
The company has confirmed the development through a statement.
While the exact number of layoffs are unknown, anywhere between 100 to 500 employees could have been impacted.
#EdTech #byjus #layoffs #education #business #news #startupnews #startupstory
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