Edtech major Byju's may lay off up to 3,500 employees during the current fiscal as it looks to consolidate teams and enhance regional focus, sources privy to the development said. According to one of the sources, Byju's had "over hired" people at the time of Covid pandemic due to sudden jump in online education, but the demand has now receded, for which the company needs to do course correction. "There has been no retrenchment as of now.
Karan Bajaj, founder of WhiteHat Jr, on Wednesday announced his exit from the company, a year after the coding platform was acquired by edtech giant Byju's. Trupti Mukker, who was the head of customer experience and delivery, will now lead the organisation. In a post on LinkedIn, Bajaj shared the announcement of his departure from a company he founded in 2018.
Byju's has quietly moved into other global markets such as the UK, Australia and New Zealand. It recently launched operations in Latin America.
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