‘Largest start-up employer in the country,’ says BYJU’S CEO Byju Raveendran amid spate of layoffs

The CEO of BYJU’S claimed that in the month of February this year, the edtech major hired around 2,000 people and has overall 55,000 employees BYJU’S boss Byju Raveendran said that the edtech giant is the largest start-up employer in the country. Speaking at the India Today Conclave 2023, Raveendran said, “Everybody talks about the 2,500 people we had to layoff in those three months (October, November and December) but nobody talks about the 25,000 people we hired in the last 12 months.”

In February 2023 itself, BYJU’S hired about 2,000 people, Raveendran claimed. “We are the largest start-up employer in the country with over 55,000 people working with us,” he said.

He said, “I am not justifying (the layoffs) but when we acquired companies, there were a lot of redundancies. At a time when the world was looking at efficient growth, we had to do this.”

2022 was a difficult year for the edtech giant. From delayed results, widening losses to the recent allegations imposed by National Commission for Protection of Child Rights, the most valued start-up in India found itself in the middle of several controversies this year.

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