Aakash Layoffs

About

Aakash Educational Services Limited (AESL), owned by Byju's, has laid off approximately 80 to 100 employees over the past couple of months, including senior and middle-level executives, with some long-tenured staff affected. This marks the first layoffs since Byju's acquired the company in 2021. The company cites its biannual performance review cycle and a strategic shift under "Aakash 2.0," which involves restructuring roles and new hiring, aiming to be a net hirer by year-end. Operating in the edtech and test-prep industry, Aakash continues to function independently under the Think and Learn brand following a withdrawn merger, with expectations of strong revenue growth.

Source

More Education Layoffs