Byju’s lays off about 500 staffers, nearly half from tuition centre business
Posted on: 02 Apr, 02:49 PM
Layoff at Byju's has hit 500 staffers, affecting Tuition Centre operations, amidst a funding crisis. Staff face delayed salaries amid NCLT hurdles and upcoming $200-million rights issue, with assurances of arrears settlement by April 8.