BENGALURU : Fresh troubles at Indian edtech startup Byju's this week have escalated concerns among employees who were already uncertain about their future after several rounds of job-cuts, more than a dozen current and former staff told Reuters. Auditor Deloitte and three prominent board members severed t
BENGALURU : Fresh troubles at Indian edtech startup Byju's this week have escalated concerns among employees who were already uncertain about their future after several rounds of job-cuts, more than a dozen current and former staff told Reuters.
"Morale is at an all-time low. Literally every person has a job portal open on their laptop at all times. Everyone wants to leave desperately before they are asked to pack up overnight," said a senior manager at Byju's, requesting anonymity. A Byju's spokesperson did not respond to Reuters queries on staff morale, the lack of communication from management or other issues raised by employees.
The edtech firm, valued at about $22 billion early last year, has laid off thousands of employees since October to cut costs, after seeing demand for online tutoring drop following the end of the COVID-19 pandemic.
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