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Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

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<ul><li><p>Byju’s, the global edtech behemoth based out of India, announced that it is laying off 5% or 2,500 of its total workforce as it restructures to achieve overall profitability by March 2023.</p></li><li>The job cuts, which will be across the product, content, media, and technology teams, will be done in phases.</li><li>The SoftBank-backed company said the move stems from the consolidation of its various K-10 businesses, namely Toppr, Meritnation, TutorVista, Scholar, and HashLearn, into one unit.</li></ul>

Byju’s, the global edtech behemoth based out of India, announced that it is laying off 5% or 2,500 of its total workforce as it restructures to achieve overall profitability by March 2023.The job cuts, which will be across the product, content, media, and technology teams, will be done in phases.The SoftBank-backed company said the move stems from the consolidation of its various K-10 businesses, namely Toppr, Meritnation, TutorVista, Scholar, and HashLearn, into one unit.

Byju’s to Lay off 2,500 Employees, Consolidate Several Units

BYJU'S

Byju’s to Lay off 2,500 Employees, Consolidate Several Units