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

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

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

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

“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

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

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