Byju’s Investors Vote to Oust CEO from Troubled Ed-Tech Startup | India Business News

Byju’s Investors Vote to Oust CEO from Troubled Ed-Tech Startup | India Business News

Major Byju’s shareholders including Prosus NV and Peak XV Partners voted Friday to oust its founder as chief executive officer, escalating a battle over the fate of the once high-flying online tutoring startup that is fighting to remain in business.Byju’s rejected the resolutions, which also sought to remove Byju Raveendran from the board of the … Read more

Byju’s to merge businesses, slash around 5,500 job: Report

Byju’s to merge businesses, slash around 5,500 job: Report

Indian education firm Byju’s plans to cut around 5,500 jobs to decrease costs amid a restructuring of its business, the Economic Times reported on Tuesday.Arjun Mohan, who took over as the chief executive of the company, has briefed senior executives that he will be merging several business verticals as part of the changes, which are … Read more