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Byju's to file its much-delayed financial results for FY22 this week
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Notably, the company is striving to reduce its costing by trimming its workforce. Byju's has undertaken exercise to reduce workforce by about 3,000-3,500 this month by ending duplication in roles across the organisation.
"Think and Learn Private Ltd (TLPL) restructuring will see the current operations spread across several business units streamlined into four core areas of K-12, test prep, online and hybrid. The business restructuring, aimed at matching resources with cash flows, will see the company achieve break-even by coming March, in fourth quarter of current fiscal," a source told PTI.
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