The founder of edtech startup Byju Raveendran has apologised to employees who are to be laid off as a part of the company’s cost cutting measures.
“I am truly sorry to those who will have to leave BYJU’S. You are not just a name to me. You are not a number. You are not just five percent of my company. You are five percent of me,” Byju wrote in an email. Byju also stated in the email that the edtech decacorn will ensure that newly created relevant roles are made available to the aforementioned employees, and that rehiring them will be prioritised. In the last few months, BYJU’S has been under the scanner for its accounting practices, and mass layoffs.