Byju's Lay Off 2023: 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.
Edtech company Byju’s, which has 95 million registered students on its flagship learning app, has partnered with tech firm Google to aid the continuity of online learning for both teachers and students. This integration of Google Workspace for Education with Byju’s will offer a collaborative and personalised digital platform for classroom organisation, available for free to participating educational institutions. “The significant rise and acceptance of online learning in the last one year has led to the swift digitisation of our education system,” said Mrinal Mohit, chief operating officer, Byju’s. “Teachers and students had to adapt to online learning overnight and are now rapidly discovering its potential.”
Read more about Byju s set to acquire edtech rival Toppr for $150 million: Report on Business Standard. Toppr provides online learning materials to students in grades 5 through 12 and its backers include SAIF Partners and Helion Ventures