Dais Newsfeed | 30/06/2022 08:00 AM | Click to read full article
Edutech unicorn start-up Byju’s has laid off over 2,500 employees across its group companies in order to aggressively cut costs. Demand for ed-tech services has moderated after two consecutive years of hypergrowth, according to a Moneycontrol report quoting sources.
Those laid off included both full-time and contractual employees from Byju’s group companies including Toppr and WhiteHat Jr. The layoff has been witnessed across sales and marketing, operations, content and design teams, the report said.