Employees across the edtech giant’s category and strategy teams are likely to be affected the most.
Edtech major Byju’s, India’s most valuable unicorn last valued at $22 billion, is letting go of up to 5,000 employees across verticals, according to a person in the know. Most of the layoffs are expected to be across its category and strategy teams.
“The earlier round, in which about 15,000 people were let go, is over,” says the person cited above, asking not to be named. “This new round of layoffs was decided internally about two weeks ago.” In October, the Bengaluru-based company had said it would lay off 2,500 people over six months. The same month, we reported that …
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