India, April 5 -- Byju's, the edtech behemoth, is facing a new round of layoffs, with almost 500 people losing their jobs, a substantial number of whom are Tuition Centre personnel. This comes despite the company's continuous financial troubles and legal fights. Just days after the troubled edtech company could not pay its employees' salaries due to a lack of funds, reports have emerged that it has laid off approximately 500 employees, primarily in sales and marketing roles across divisions.

Around 500 employees were let go, impacting various departments. Reports suggest some employees received termination notices via phone, with a follow-up email confirming the last working day. A significant portion of the layoffs reportedly targeted B...