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Sanskar
Stealth • 6m
What is Byju's 3.0? From a major battle with investors to multiple legal tussles, a lot has happened at BYJU’S during the prior time period Under this programme, the company has announced a leaner structure and consolidated some of the verticals. BYJU’S 3.0 is just an attempt at reducing expenses. The edtech wants to do this by consolidating its verticles, along with keeping the count of its total workforce at roughly 5,000 employees. This is just 10% of the 50,000-employee base that BYJU’S had in 2021, according to these sources. And media reports claim that BYJU’S workforce currently is somewhere between 10,000-13,000. Various profiles, including academicians (tutors), sales executives and various account positions which commanded an average salary of INR 8-12 Lakh per year, are now being offered half the remuneration. the company is hiring freshers or people with 1-2 years of experience to fill up the positions to ensure business continuity. Thank you
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