BYJU’s reversed its decision to lay off 140 employees and close its Thiruvananthapuram office

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BYJU’s reversed its decision to lay off 140 employees and close its Thiruvananthapuram office, after meeting with Kerala Chief Minister P. Vijayan on Wednesday.

“Following a thorough discussion with the Hon’ble Chief Minister of Kerala, Shri P. Vijayan, and Byju Raveendran, Founder of BYJU’S, we have decided to keep our TVM product development centre operational.” As a result, our 140 associates will continue to work from this location,” said a BYJU spokesperson. “Byju Raveendran, who is from Kerala, reiterates his commitment to the state, and the BYJU’S leadership team, under his guidance, will pursue a growth strategy in the state,” they added. The news comes after media reports revealed that BYJU’S plans to close its operations in Thiruvananthapuram, laying off 140 employees as part of cost-cutting measures.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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BYJU’s reversed its decision to lay off 140 employees and close its Thiruvananthapuram office

BYJU’s reversed its decision to lay off 140 employees and close its Thiruvananthapuram office, after meeting with Kerala Chief Minister P. Vijayan on Wednesday.

“Following a thorough discussion with the Hon’ble Chief Minister of Kerala, Shri P. Vijayan, and Byju Raveendran, Founder of BYJU’S, we have decided to keep our TVM product development centre operational.” As a result, our 140 associates will continue to work from this location,” said a BYJU spokesperson. “Byju Raveendran, who is from Kerala, reiterates his commitment to the state, and the BYJU’S leadership team, under his guidance, will pursue a growth strategy in the state,” they added. The news comes after media reports revealed that BYJU’S plans to close its operations in Thiruvananthapuram, laying off 140 employees as part of cost-cutting measures.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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