India: Byju's to cut jobs, sales and marketing teams to face the heat
Edited By WION Video Desk
Published: Jun 08, 2023, 21:35 IST | Updated: Jun 08, 2023, 21:35 IST
Byju's, an Indian edtech powerhouse, is preparing to lay off about 1000 employees due to ongoing issues with foreign lenders. The newest reports of layoffs come at a time when the edtech company is looking for a new infusion of funding while resolving disputes with creditors. Media sources indicate that the layoffs may mostly affect the contractual staff who work in the sales and marketing teams.
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