Exclusive: BYJU’S Owned WhiteHat Jr Lays Off 300 Employees, More Expected

Exclusive: BYJU’S Owned WhiteHat Jr Lays Off 300 Employees, More Expected

SUMMARY

According to another source, the number of impacted employees could go as high as 600

The development has come almost a month after WhiteHat Jr witnessed mass resignation as employees were asked to join office

According to the Inc42 layoff tracker, 10,538 employees have been laid off by Indian startups this year.

BYJU’S owned WhiteHat Jr has laid off around 300 employees in its latest attempt to cut costs. The startup began the layoff exercise last week and his trimmed workforce across verticals including sales, marketing, operations, among others.  However, we have been informed that the sales and marketing team were the worst affected.

Sources informed Inc42 that the management has cited business restructuring as the reason behind the layoffs.

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