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| Name | Byju's To Lay Off 2500 People| shorts |
| Video Uploader | Video From RD Automation Learning |
| Upload Date | This Video Uploaded At 13-10-2022 09:02:24 |
| Video Discription | Byju’s will be laying off 2,500 employees in the next six months, reports Moneycontrol. The world’s most valuable edtech startup announced in a statement on Wednesday that it will “rationalise” 5% of its 50,000-strong workforce across the product, technology, media, and content departments in a “phased manner”. This move, alongside an operational rejig of its acquired firms, would help it “achieve profitability in the defined time frame of March 2023”, said Byju’s India business CEO Mrinal Mohit. Byju’s recorded a loss of ₹4,588 crore in FY21 and hasn’t disclosed its profit-loss figure for FY22 yet. In June this year, the company had also let go of hundreds of full-time and contractual employees. Meanwhile, Byju’s plans to hire 10,000 teachers for both its Indian and international operations. #rdautomationlearning #byju's #byjulayoffs |
| Category | Education |
| Tags | Education Download MP4 | Education Download MP3 | Education Download MP4 360p | Education Download MP4 480p | Education Download MP4 720p | Education Download MP4 1080p |
