Byju’s to lay off 4,000 workers; Who all are at risk?

 

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Byju’s to Lay Off 4,000 Workers: Who's at Risk?

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In a surprising and concerning development, Byju's, one of India's leading edtech giants, has announced plans to lay off a substantial number of its workforce approximately 4,000 employees. This decision has sent shockwaves through the industry and has left many wondering who exactly is at risk. Let's delve into the details and understand the potential impact of this move.

Byju's, known for its innovative and comprehensive online learning solutions, has been a prominent player in the edtech sector. However, the COVID-19 pandemic has significantly transformed the dynamics of online education. With schools and colleges adapting to remote learning, many edtech companies witnessed a surge in demand.

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While it's not uncommon for businesses to undergo restructuring or downsizing, the scale of Byju's layoffs has raised eyebrows. Cutting 4,000 jobs is a substantial number and indicates a significant shift in the company's strategy.

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