Many VPs, Business heads are moving out so quickly mergers of departments and closure of some departments. Scary !!!
F'em. Looting money from kids of middle class parents
Are these people moving out because too management is asking them to or are they moving out on their own reasons?
They are closest to action and have sales numbers access. Most of them are voluntary till now. The layoff at this layer may start by March
From some credible management sources
Possible if ESOPs are already vested as BYJUS does not refresh ESOPS
Possible if VPs are not finding values in ESOPS as it would have been awarded to them for a high value like 14 Billion
Omg
Which departments?
The new head of HR who came from Infy has been given a mandate to clean up the house and there are multiple people ( still) drawing salaries upwards of 50 Lakh to 2 Cr who have been asked to move out if they have not moved out already ....
As per internal company sources: This is big like 500+, lots of folks cut in platform teams, brand teams, marketing teams, business teams, product and tech. Wish everyone there all the best. This shall too pass!
Hired lionel messi to promote brand and cuts employees to save costs. What a fucking high IQ C suite the compan...
It's Karma, Bychus bitches. You looted the poor lower middle class families by creating fomo and fucked their ch...
Whitehat also affected. Heard folks from content team in Mumbai that they are being asked to come to Bangalore and wo...
Internal source: most vps are around the table these days, and too busy to get goats to sack this week. For Byju's product team, this week is crucial, usual results are out on Friday. ( product, design and media) 45% -50% cut from each...
Byjus has done another round of layoffs today, even VPs and top level managers were affected. Investors are losing faith in the organization. Looks like the fall of the company has started.
