On Thursday, Byju’s, an edtech firm, revealed that less than 500 workers had been put off at Whitehat Jr and Toppr, whereas sacked employees claimed that 1,100 people had been retrenched at Toppr alone.
Toppr’s layoff follows the retrenching of 300 employees by Byju’s group firm Whitehat Jr in April-May, as well as the resignation of 250 employees from the company.
“To rebalance our business goals and achieve long-term development, we are optimizing our teams across our group businesses. This trial includes less than 500 employees from Byju’s group companies “According to a representative for Byju.
Toppr employees said they received a call from the company on Monday and were told they would be fired without notice if they did not leave.
“I work on the Chemistry subject matter expert team. My entire team has been fired. Toppr has promised to compensate individuals who resign one month’s salary and not pay those who do not. Toppr has laid off around 1,100 people.” According to a Toppr employee who requested anonymity,
Zeeshan Hayath, co-founder of Toppr, did not respond to a WhatsApp question.
When contacted, a Whitehat Jr spokesman claimed that the decision was taken to realign business goals and accelerate accomplishments while focusing on long-term growth.
“As part of our return-to-work plan, we’ve asked the bulk of our sales and support employees to report to our Gurgaon and Mumbai offices commencing April 18.” We have made exceptions for medical and personal reasons, and we have offered relocation assistance where necessary.
“Our teachers will continue to work from home.” “We will continue to invest in offering relevant material for children and in developing a strong teaching community with high recruiting and training standards,” said a Whitehat Jr. spokesman.
Byju’s spent around USD 150 million for Toppr in July of last year.
Another employee who was let go by Toppr reported that early this year, senior management, including Hayath, assured everyone that there is a fantastic opportunity for advancement inside the company.
“However, we’ve heard of little business since offline sessions began across the country. I’ve also previously worked at Whitehat Jr. Online education cannot compete with face-to-face training “the employee added
This year, Unacademy, Vedantu, Lido, Frontrow, Lido, and other edtech businesses laid off thousands of staff.
