Yet Another layoff round at Byjus - Round 7 🥲
Tentatively JAN third week. ( no runway left for Feb) - Employees could be paid in Esop’s valued at 2.7B $ as per internal disscussions.
CLE, Content, Tech and product teams are going to be sliced. All products are going to KTLO. This is the final round - post this the company Survives and sticks to K12 until 2026 OR it files for bankruptcy.☹️
Guys this is my last post about Byjus. All the best Soldiers ! 👋
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Byjus along with family have already leaved India.. they have their money in hand and no one going to save byjus now .... Leave as soon as possible resign ... I am not bluffing... I have few friends in internal discussion making team ..
I will be so happy if what u said becomes true. I wish the same happens with Unacademy and they should pay the price for playing with the aspirations of students
Wouldn't be surprised if the founders run away to London with a chunk of their money in tax havens.
Good riddance. Should have died by now.
From multi-billion dollar unicorn ➡️ early stage startup.