Byju’s group firm Toppr lays off 1,100 employees in a day to cut costs

Edtech major Byju’s group firm Toppr has laid off 1,100 staff or about 36 per cent of its workforce from the company earlier this week, according to some of the employees who have been hit by the decision.

Toppr’s sacked employees said that they got a call from the company on Monday and were asked to resign, failing which they will be terminated without any notice period.

“I am part of the Chemistry subject matter expert. My entire team has been laid off. Toppr has promised 1 month salary for those who resign and no salary for those who don’t,” a Toppr employee, who did not wish to be named, told PTI.

A query to Toppr co-founder Zeeshan Hayath on his WhatsApp did not elicit any response.