Byju's planning new round of job cuts to reduce costs, may lay off 1,000 employees: Reports
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New reports claim that Edtech giant Byju's is planning a new round of job cuts to streamline operations and cut costs. The new job cuts will affect the contractual staff across the on-gound sales team. Earlier this year, the company laid off nearly 1,500 employees across several verticals. It cited cost optimization and outsourcing of operations as the main reason behind these cuts.