Byju’s lays off about 500 staffers, nearly half from tuition centre business

Troubled edtech Byju’s has laid off about 500 staffers, largely across sales and marketing functions, at a time when it is struggling to raise capital for day-to-day operations, as per sources familiar with the development.

ET has learnt that about 240 of those affected worked in Byju’s Tuition Centre operations while the rest were employed across its broader business verticals of K-10 and examination preparation.