Byju’s unit WhiteHat Jr cuts 300 jobs
https://techcrunch.com/2022/06/28/byjus-unit-whitehat-jr-cuts-300-jobs/
WhiteHat Jr, the kids-focused coding platform that edtech giant Byju’s acquired for $300 million two years ago, has eliminated about 300 roles in recent days, the latest in a series of startups globally to cut workforce amid the market downturn.
The layoff impacts the startup’s teams globally, including in Brazil. The parent firm Byju’s, which invested about $2.5 billion in the last fiscal year to acquire a number of businesses, said it is “realigning” its business priorities.