Byju’s to lay off nearly 12,000, a quarter of its staff
As the company goes into a cost-cutting mode, chasing profitability, the number of job losses could be many times the number Byju’s has put out.
27 October, 2022•10 min
0
27 October, 2022•10 min
0

More in Internet
Internet
There’s more to Paytm’s optimistic results than meets the eye
Cost-cutting measures and growth from a low base make Paytm’s numbers appear better than they are. What comes next will be closely watched by investors who now have other fintech bets to consider.
You may also like
Internet
Is CarTrade biting off more than it can chew with CarDekho?
The potential deal, if completed, will create one large player and among the largest pre-owned vehicles businesses. Whether CarTrade can afford it is something investors need to watch out for.
Internet
Prosus bets long (perhaps too long) on ixigo investment
The technology investor’s move to pour Rs 2,000 crore into the online travel aggregator comes as a surprise. Can ixigo live up to the promise of becoming India’s next big travel platform?
Internet
Swiggy’s crisis of confidence
In the three-way quick-commerce race between Blinkit, Instamart and Zepto, it would appear that Swiggy has the least confidence in its ability to continue. What’s worse is that it is replacing strategy with capital.







