BYJU's Cuts 600 Jobs

As the Indian edtech space shrinks, online learning giant BYJU's has cut at least 600 jobs, laying off 300 employees at its Toppr learning platform and another 300 at coding platform WhiteHat Jr. BYJU's confirmed the layoffs at Toppr, which it acquired last year for $150 million, saying it has completed "the integration of Toppr and has absorbed nearly 80% of its talented workforce into the BYJU'S ecosystem." Toppr employees in the sales and marketing division were retained after the acquisition, while those in other departments were asked to leave.

According to a company spokesperson, the next step is "optimising teams to recalibrate business priorities and accelerate our long-term growth." Previously, online coding provider WhiteHat Jr, which was acquired for $300 million by edtech giant BYJU, laid off around 300 employees after more than 1,000 of its employees resigned after being asked to return to work in April-May.

This time, the majority of the fired employees were from the platform's code-teaching and sales teams, and some of them worked in Brazil. According to a company statement, "we are optimising our team to accelerate results and best position the business for long-term growth to realign with our business priorities."