Byju's To Cut 5,000 More Jobs: Report
NDTV
Byju's has let go of thousands of employees this year as it grapples with multiple legal and financial woes.
Byju's plans to cut as many as 5,000 jobs in the coming weeks, TechCrunch reported on Tuesday, citing a person familiar with the matter.
Byju's has let go of thousands of employees this year as it grapples with multiple legal and financial woes. Challenges multiplied after investor Prosus NV said that the company's management "regularly disregarded advice" despite repeated efforts by the Dutch-listed tech firm's former director to improve governance.
Last month, Byju's Chief Business Officer, Prathyusha Agarwal, and two other senior executives resigned as the struggling Indian ed-tech startup restructures its business and operations, a company spokesperson said.
Jharkhand Elections Results 2024: JMM chief Hemant Soren and his wife Kalpana are parents to two boys. Sharing a picture of his two sons, he wrote, "My strength."
Overall, the BJP has not only retained the three seats it won in 2022 but also flipped two others - Kundarki and Katehari - while also picking up a sixth from allies NISHAD Party.
Fahad Ahmed, a candidate of the Sharad Pawar-led NCP faction, is currently trailing Sana Malik, nominee of Ajit Pawar's NCP, by over 3,000 votes and the counting is nearing completion.
The BJP-led Mahayuti alliance, which includes the Shinde Sena and Ajit Pawar's NCP, is en route to a thumping win in the 2024 Maharashtra Assembly election, thanks to its two smaller allies.
The Shiv Sena (Uddhav Balasaheb Thackeray) leader said the results are not acceptable to his party and the opposition Maha Vikas Aghadi coalition.
The Adani Group said that none of its 11 public companies are implicated or accused of any wrongdoing.
The MVA had only been given a (very) slim chance of upsetting the in-power BJP-led alliance's applecart in this election; only one of 11 exit polls studied by NDTV believed it can win.
The first phase saw voting in 43 constituencies, while the second phase saw 38 seats up for grabs. Chief Minister Hemant Soren's Jharkhand Mukti Morcha (JMM), leading the ruling INDIA alliance, faces a fierce challenge from the BJP-led NDA.
Assembly Election Results 2024: Maharashtra's 288 voted Wednesday in a single phase, and an average of 11 exit polls gives the ruling Mahayuti 155 seats.
Bypoll Assembly Election Results 2024 Live: Bypolls were held on 48 assembly seats in 14 states including Uttar Pradesh, Madhya Pradesh, Punjab and West Bengal.
During the event, Prime Minister Narendra Modi was honoured (in absentia) with the Dr Martin Luther King Jr Global Peace Award for Minority Upliftment.