BYJU’s has sacked nearly 600 employees amidst ongoing restructuring exercise.

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Nearly 600 employees from the Content and Marketing teams were sacked in October.

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The move impacted the content and video team more than the marketing team.

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The development comes as a part of the retrenchment exercise being carried out under the leadership of BYJU’S new India CEO Arjun Mohan.

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“We are in the final stages of a business restructuring exercise to simplify operating structures, reduce the cost base and better cash flow management” BYJU’S’ Spokesperson

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The edtech decacorn is currently fighting on multiple fronts and has been in the news for all the wrong reasons.

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Can The New CEO Resurrect The Struggling Giant?

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