Byju’s ‘laying’ off 500 employees
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Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only BenefitsNew Delhi: Byju’s is laying off about 500 employees, including from sales, amid a financial crunch, sources said, even as the edtech firm maintained that it is in the final stages of business restructuring to streamline operations. PTI
Tata Tech, BMW to set up auto software hub
Chandigarh: German luxury carmaker BMW Group and Tata Technologies have signed a deal to form a joint venture with the aim to set up an automotive software and IT development hub in Pune, Bengaluru and Chennai, a joint statement by the companies said.
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