India’s largest edtech firm Byju’s sacks 1,000 more; count jumps to 3,500

India’s largest edtech firm Byju’s will fire 1,000 employees in a fresh round of layoffs across departments. With the latest round, total job cuts at the company have mounted to around 3,500.

According to sources, fresh job cuts are an attempt by the company to improve its finances and work towards a path to profitability.

An e-mail sent to the company remained unanswered.

The company, according to the sources, will give two months’ salary to those laid off.