Byju’s Gives Up Nearly All Office Spaces to Cut Costs | Vantage with Palki Sharma
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- Опубликовано: 10 июл 2024
- Byju’s Gives Up Nearly All Office Spaces to Cut Costs | Vantage with Palki Sharma
Byju’s has given up all offices across India, retaining only its headquarters in Bengaluru. This comes at a time when the company has been engaged in a dispute with its investors. It is a significant cost-cutting effort by the company to address the imminent liquidity crisis. But will it be enough? Palki Sharma tells you.
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Byju's | Offices | Shut Down | Investors | Firstpost | World News | Vantage | Palki Sharma
#byjus #offices #shutdown #investors #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
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Byjus valuation was more than India's total spend on education and R&D. That should had been a major red flag.
Same with all Ed tech companies. They exit only in India to exploit Indian herd mentality
That's your average Indian unicorn. Nearly every single company who's a so called unicorn except a couple of profitable ones, are overblown valuations and loss making ones.
byju's ❌ buy juice ✅
chup bilkul chup!
😂😂😂😂
Its not BYJU, its GANDU.
@@brentcooper9175Q 😂 app kiya investor ho 😂😂
Bro😂😂😂
Byju's was always a scam. Greedy VCs with zero-quality product.
Indian startup ecosystem is partially scam right from snapdeal paytm ola ..except flipkart and select few no company has been able to add value
All Ed tech companies are scams
Hello bewakoof....dont say dumb things without actually using the app...i wouldnt say their product was zero quality...their applications are top notch...so bakwas band kar
Why did they spend so much money on marketing?
To create artificial hype & raise more debt.
More marketing = more sheep, sadly many middle class people with hope.... ☹
Don't underestimate the amount of sheeps in India who believe everything in ads
When the business doesn't have the matter (quality product or service), it spends huge amounts on marketing😂😂
2:42 so you mean to say that Messi is the panauti here😅😂😂🤣
It is quite baffling as to how so many multi-billion dollar startup/unicorns are all crumbling. These are all supported by venture capitalists pouring cash in. These will all be crashing very soon.
Hats off to all the hardworking brick and mortar small business entrepreneurs that are courageous to hold on to their business - thru traditional processes.
But founders and ppl few levels below made lot of money by looting vcs..its the vcs which are at fault
The most interesting thing about byju recently was a family taking a tv from one of their office to recover money.
Edtech space should limit on expenses, such companies have NO Right to burden parents income by wasting their hard earned money on huge posh offices, corporatization, expensive marketing strategies and huge salaries of Executive's.
Knowledge in earlier times was meant to be given for free.
Its a shame that India is also in the league of costly education system.
White hat junior venture was a classic professional mistake BYJU made
Byjus itself is a scam
it showed byju support scam
Landjus
When you take more than you deserve you end up like this. Byju's investors and company's greed ruined them.
Really sad, not paying salary to people 😢
When crooks run businesses in the guise of startup. That is exactly what this crook byju did
No wonder they stole my money yesterday through their agent cheating me and refusing to give me my course after purchasing it
they have been on the news since last year, you should not have considered buying their course. You should file a complaint.
@@itsprerona How? to the Police?
@@user-fb5sk1tn8byes. File an F.I.R
@@user-fb5sk1tn8b consumers court, fight your own case bro. No need to hire lawyer.
@@user-fb5sk1tn8bconsumer court.
If you met an agent, goto police station and request them to call the agent and return your money in cash.
I am one of those ex employees whose fnf has not been settled till date .its been 7 months now ..
😢
Fnf meaning
Btw why did you join that company...were you bitten by a rabid dog
@@fathimairfan7254full and final settlement.
Full and Final settlement, which is paid by company to employees who leave the company. This is usually given 4 to 5 weeks after the last day of the employment. The full and final settlement amount could include the last month's salary (in case not paid earlier), leave encashment amount and any other dues that the company owes the employee.
Byju's is dead long back...These are just revelations
2:42 so you mean to say that Messi was the panauti here😅😂🤣🤣
In my college byjus was hiring at 10lpa but the same students choose to join other IT companies
Bro dodged a bullet 🗿
Very good swiggy is also remote this will save water
This is what should happen for every institute and platform for selling education and monetizing on education
Neither education nor mentorship are products in India
I'm glad.
I'm a Nigerian student and Byjus has helped me so much
Helped you with what ? Lessons on cleanliness and hygiene 😅😅😅
Happpie Happpie Happpie ......
Something more big and disastrous is going to happen with BYJUS ,as from last 48 hours it's students helpline number is out of service and classes are scheduled for holidays unexpectedly.
What you sow is what you reap
Bujus used to put so much pressure on students, they frustrated student
Feels good
When criminals runs business. Shut it down!
Naming company on your name. RED FLAG.
Byju abused their employees like it was a Normal day. Their so called trainers didn't know anything about the subject they were supposed to teach. This fraud company should be sued to oblivion.
byeJU
Investors wanting R. BJYU out is not uncommon to listen. An eye opener for all start up companies before begging for investors on their terms. The key is to believe on organic growth which makes still good sense
For local development butt not ????
Major cost is associated with signing of Big movie stars.. first terminate their contracts to cut down the costs..
Investors need to say that.
Karma has come for Byjus after preying on innocent children and making their parents insecure about their future by using manipulation and shady sales practices to sell sub standard products..hope this company goes to hell.
A traditional tutoring startup like Byjus was destined to fail in an era of free information like RUclips. Even if they bloated up for a short while.
Illegally what is possible any COUNTRIES not available
No fnf, no respect, 12hours working, lay off any time byjus definition
Last year Palki was bragging about this company saying it's a sign that India's tech industry is growing. Now it has collapsed. 😅
I don’t think so she did that. Everyone knew from past 3 years this company was gonna collapse especially after rise of PW. Also it’s not a tech company but a ed-tech. Seems like you are a liar lol
Last year what palki said you remember but you can't remember how many fathers u have ....😅😅😅😅
@@zionmoses1839 🤦♂️😅 Pathetic attempt at an insult. Obviously everyone has biological 1 father. Mine lives not far from where I live. I visit him twice a month.
Where is your father?
Byju pe kisi ne kala Jadu kar diya 😅😅😅😅
Physics wallah na kiya
Company closing offices and not paying salaries means it is bankrupt.
Ofcourse it is. The final nail in the coffin is inevitable
When you try to legalise scam
You endup Broke
Sorry to say it's fundamentally a fraud company 😅😅 saying with personal experience 😅😂😅
You don't even have to be sorry
Absolute scammers
@@vacric what?nd how?
I just used it for one day and then never installed it again. And their feedback calls sucks.. Ek baar akad ke baat ki dubaara saalon ne kabhi call nahi kiya
He should have considered customers ... anyway those simps making fun of him get a life 🤬
Bruh, why just he doesn't shut it down.
Greed!!!
Karma hits back
Ipo than manase kulu kulunu iruku :D
byjus was overvalued because they fooled investors, not because they have a good profit😂
Omg ...my sister recently selected in byjus sales department wil they pay salary??
Tell her not to join and prevent her from spoiling her career.
lol seriously? 😂
Apple
This is what happens when you scam and cheat innocent people
Karma
It was all just a bubble
He's gone for asylum in the uk tata bye bye😂
Why would a $100 million company seeks for $1 billion investments? That’s a big red flag!!
These startup’s don’t need that much they get from investors. And, they don’t even know what to do with this huge surplus money. They start spending more and more in marketing, rather investing to improve their services. Same happened with Byju. He might be a good teacher, but not a good money manager. And, this applies to all other major Indian startup’s. Look at what has happened with PayTM, that guy acts like a Lala sitting on his Galla.. no regards to business ethics, govt regulations, etc.
Complete health drugs pandamic production
Jail bhejo Aiso ko to
Jail main usko kana kaun khilayaga ? Tera baap
Nunujus lundjus
bhai jo log subscription liya hai usko cancell kardo .
Bharat jaise desh me siksha ka business banane wala ko aise he hona chaiye .
Jesh desh me gur or shishaye parmpara chalta hai .
Buy-jus =Sell company 😂😂😂😂
Subscription canled kiya lekin 1 mahine se jyada ho gya lekin paisa retrun nahi kiya hai byjus walo ne 50k fasa hua hai mera
India's economy is like the story of Byju. Overhyped, overvalued, overspending, boastful, attention seeking, debt-fueled, poorly managed! It would all come to an end eventually, the question is WHEN
Tell me u are modi hater without telling me you are
Lol ...Good joke
Nice joke... Chinese momo😂
Average chinese after brainwash
What the hell your are saying ,have you gone mad how can you even compare them ,shame on you
Ravindrand is biggest fraud😂
Everybody talking things like zero quality products of Byjus
I am a law student
I can say that the notes Byjus provide are more than enough to get prepared for any type of exams ( you name it )
It's more fun more easier to deal with
But please note
By no means I want to express dissatisfaction by other online academic ed tech companies
Almost all of them are too good specially Unacademy
But Byjus is more compact
That's my point
Speaking of business
Every business have their profit and loss
Feeling bad for Byjus Raveendran sir
Had he been more cautious with marketing
Then fate for Byjus have had been different than what it is today
I hope Byjus recover from this
Byju ka Chela😂
They are forcing and brainwashing to make customers forcibly purchase 😢,
I want byju's to go bankrupt as hell
Please don't say it ,let it work until my subscription ends
are you mad or what who takes their subscription @@YashMhoparkar
@@YashMhoparkarNothing special about their content. Everything is available on google and RUclips for free
I heard byju founder doesn't have money to buy condom also😅
I am really happy that byjus scam is gone. They scam millions of indian parents by selling fake dream😂😂😂
Byjus plan is ok but admin and business.maths fsiked
😂😂😂😂 india want to excel China..no way😂😂
China ? The epicenter of bat soup and virus 😅😅😅😅