Byju's lays off 500 employees, mainly in sales and tuition, due to salary delays. CEO Arjun Mohan leads cost-cutting efforts amidst litigation stress for better cash flow. Over 5,000 employees laid off since Oct 2022.
Apr 3, 2024 - 00:00
Byju's lays off 500 employees, mainly in sales and tuition, due to salary delays. CEO Arjun Mohan leads cost-cutting efforts amidst litigation stress for better cash flow. Over 5,000 employees laid off since Oct 2022.