Edtech firm Byju’s has announced another round of layoffs. It will fire 500-1000 employees to cut costs. The fresh set of layoffs is expected to impact employees across marketing, sales, business development as well as product and technology functions.
To cut costs, the company had laid off over 2,500 employees across departments, in October last year. At the time it had merged four acquired companies, including Toppr, Meritnation, TutorVista, Scholar, and HashLearn.
In a recent viral post, a former Byju’s employee shared how the company’s decision affected him when he was told to “resign immediately”. He described it on a LinkedIn post as ‘not a complaint’ because the company helped him when he needed a job.
Arpit Singh, Operations Manager at BYJU’S shared a LinkedIn Post saying, “Hey Everyone Today I am telling this after losing all Hope, I lost my job due to layoffs.”
“I Don’t know where it was my fault I did very hard work throughout my work in BYJUS & Career I never applied a 10 to 8 work culture in my life I was always available 24/7 for my company but once they came and asked me to resign immediately”, the post added.
“I am not complaining about BYJUS they helped me last year when I need a job, the work culture was very good and they gave me work according to my likeness now they might be in trouble so they are taking such harsh decisions I will always respect my first organization but I was very sure that I can get a job easily for minimum same payroll but I was wrong”, the post further said.
“Last year I came into this private sector because I was not selected for Government by a very few margins but after a year I lost it I lost everything Don’t have Dare to tell my family that I have lost my job for approx a month ago because don’t have a good condition there in my family only one who is serving them hardly since than I have applied in many companies gave many interviews but not got selected in 1st, 2nd or 3rd rounds. I don’t want to leave any Facility, can do any work but don’t have Dare to Face this stage please Help if anyone can”, the post concluded.
