Byju's back with pink slips; WhiteHat Jr lays off 300 people

Updated : Jul 01, 2022 06:55
|
EJ Biz Desk

Byju's owned coding platform WhiteHat Jr has laid off another 300 employees as per reports. Byju’s, India’s most valuable startup said they are 'realigning business priorities' and 'optimising our team to accelerate results and 'optimising our team to accelerate results'.

A few months ago, nearly 1000 employees were 'forced to resign' as they were given strict return to office notices by WhiteHat Jr as per reports. Byju's had acquired WhiteHat Jr in 2020 in a record breaking deal to the tune of $300 mn amid its $2.5 billion buying spree. 

startupsFiringBYJU'S

Recommended For You

editorji | Business

New Zealand commits USD 20 bn investment in India under FTA in 15 yrs; on lines of EFTA pact

editorji | Business

India, New Zealand conclude FTA talks; pact to offer duty-free access, USD 20 bn FDI

editorji | Business

FTA with New Zealand to significantly deepen bilateral economic engagement: Govt

editorji | Business

Rupee breaches 91-mark against US dollar for first time in intra-day trade

editorji | Business

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella