BYJU'S Story From Glory to Crisis: Trust Lost, Layoffs Escalate | Vantage With Palki Sharma
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- Опубликовано: 25 июл 2023
- BYJU'S Story From Glory to Crisis: Trust Lost, Layoffs Escalate | Vantage With Palki Sharma
Byju's, once India's celebrated unicorn in education technology is now facing a severe crisis. The company's valuation is plummeting, layoffs are increasing and legal battles are mounting. A funding squeeze is hitting Indian startups, leading to financial struggles and job losses.
Has Byju's become a cautionary tale for startups in India? How can Byju's crisis affect the Indian startup scene? Palki Sharma decodes.
BYJU's | India | Indian Startups | Layoffs | Business | Byju Raveendran | Firstpost | World News | Vantage | Palki Sharma
#byjus #india #startup #layoffs #byjuraveendran #palkisharma #firstpost #vantageonfirstpost #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.
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Byjus getting the taste of their own medicine.
One strong reason is, while growing big Byjus has sacrificed morals. Unethical marketing and litrrally cheating their clients has been their culture. Without assessing the potentials, the growth becaused of forced selling was taken for granted.
That was bubble to blow on its own blunders. No wonder. No mercy. Not even a kind wird for Byjus.
100% correct
End of the day employees will suffer...that mofo owner is gonna cash out and live like a king ever after....all legal hassles will be taken care of when you are rich
Similarly kpit company 😢
Malayalee culture
The issue is that all these start ups want to grow too fast, too soon.... All good things take time and sacrifice...
Imagine all those employees who left the organisation, we knew this day would come
Byju is an educational initiative without education😂😂😂
2 years before one executive from Biju's came to my home after begging me through phone for an appointment, after meeting my child, I told I will take the plan after discussing with my wife. Then he got angry and said to me that i spoiled his time and so and so. On that day I felt that this company's management is not doing well.
Same case with me 4 years back
Well.....i don't feel anything for byjus .... they were no a education startups they just course selling and marketing firm...😅
BYJU's Brand Ambassdor was Shah Rukh Khan and the mindset reveals everything!!! Result was obvious to be disastrous for BYJU !!
Do me a favour. Please read what you have written here and try to critically evaluate your point. You seem to come off as an educated person. Please do not hate someone because others of your circle hate him, use your education for once to get out of this herd mentality.
Thank you for this video
Evading tax is not the easiest way to become rich.
Startups spending on celebs for ads is sure way to fall. Idiots shud spend on talent, research and employees welfare.
Business without profit will not sustain... How they miss this simple fact.
Byjus hired SRK for advertisement and it was sure to crumble.
Boycott Byjus in India their brand ambassador is khan ...
This is where Unethical Practices Gets You.
High attrition rate due to wrong practices...Lack of ethics..
❤❤❤
Jus men nah ves minivankamaa eki uleveyne India gai.inshaallah.❤
My nephew working for Byjus was under pressure his name was Naveen at Bellary Karnataka due to work load and haressing tensions he died of heart attach at the age of 31
I ended up paying for 2 packages due to miscommunication from byjus marketing team n when I wanted a refund I was refused even after multiple calls....no wonder they have landed where they have
More to come
Fact: Byju's would impend, Camp-K12's entry to India, apparently.
Unacademy also on the same line! Better watch out!
How many Indian Startups are focused on Education, Scholastics & Academics ?
So, Byju's has become the Target, whose Next!
#MinistryOfEducation #IIT #IIM #NIT Are you on the same Page ?
They did not have revenues but they were burning money on FIFA World Cup and Lionel Messi. Crazy.
Centre encourages entrepreneur career but don't want to support entrepreneur. That's why government job is favorite for the students.
Looks like Byjus have paid all money to celebrities but not to the employees.
I am not sure but looks like the 'start up' is new scam to evade TAX. Start a company create new GST in its name - divert your money into those accts & evade TAX.
I am speaking of many small startups which make up the image of 'many startups in India'
Byju's over confidence drowned him !
Byju is not an education company. Its a sham
Wishing good wishes for winding up of the byjus.this company is doing serious fraud with its employees and customers
Tara's are the best... We must have a new law protecting private employees...
"Indian startups are case studies" LOL 😂
Why u r not preparing video on KPIT.
1) As corona started he decreased employee salary
I.e. Who's billable there were getting salary of 75% and those r not billable they were getting 25% in Hand
2) Kishore patil told he is doing because he doesn't want to fire employee
3) Employee salary he shows in company profit and Kpit share increased from Rs 36 to Rs 1000 rupees
4) But as he doesn't want to give employee salary so he first on bench & reduce salary upto 75% then he fired more than 1000 employee
5) I.e. Those employee fired they even not get proper salary for next 3 month
6) Also those fired kpit informed they will get next 5 month experience and releving letter but no one get the same
7) And when Share price got up he sold Kpit share and earn crore
They used emotions of parents. They didn't focused on students or make study easier or easier way to understand. They just wanted money. They hired Messi and Shahrukh so parents understood its just another advertisement 😅 not a education institute..
Edtech is a sinking ship ....its just a matter of time
Debt debt n debt
They are cheaters...fail to provide what they promise...
Why is there a lot of hate towards SRK?
Maybe because he endorsed such a marketing company like Byjus
Byjus has the most toxic work ethics
They still scammed a ton of money from people.
Byju is synonymous with danger exploitation and fraud..
Bharat me isse haye kahte hain. Gareebon ki haye lagi hain
Boycott byjus
He is a criminal
Stealers
😂first of all
Bujus is Pvt company . They depends on the students or perents who spend for education
I don't know it is give good education or not
But fire the employee is not a big deal like an employee looking for other great job he or she switch
Just like that .u or company has to service on the market
If company run on loss
We are who?
U are reporter 😂u paid for news whatever u influence by your language,style
We are educated by the trouble in Byju....😊
At least that is the purpose, right? 😆