comparemela.com

Kalyani Tech Park News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Byju s news: Byju s to vacate several offices in cost-cutting drive, may give up HQ partially

Edtech firm Byju s is undergoing cost-cutting and restructuring efforts, downsizing smaller assets and consolidating its focus on the top four to five cities. The company has identified offices and tuition centers for closure across 17 cities, reducing the count to approximately 250. Byju s faces financial challenges, including disputes with landlords over rental payments and legal issues related to a $1.2 billion loan

Byjus cost cutting news: Byju s to vacate several offices in cost-cutting drive, may give up HQ partially

Byju s is undergoing a cost-cutting initiative and restructuring drive, downsizing assets and tuition centers. The edtech firm has identified assets that overlap with its Aakash centres.

vimarsana © 2020. All Rights Reserved.