Indian edtech firm BYJU'S said to merge businesses, slash around 5,500 jobs

Indian edtech firm BYJU'S said to merge businesses, slash around 5,500 jobs

FILE PHOTO: People walk past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one of its branch in New Delhi, India, June 23, 2023. REUTERS/Adnan Abidi/File Photo

Indian education firm BYJU’S plans to cut around 5,500 jobs to decrease costs amid a restructuring of its business, The Economic Times reported on Tuesday.