Bengaluru, September 19:슬롯 머신 사이트 추천BYJU 's-owned Aakash슬롯 머신 사이트 추천Educational Services Limited or AESL, has슬롯 머신 사이트 추천reduced its workforce by cutting 80 to 100 jobs. A report said that the Aakash layoffs round had affected the employees working in senior positions and mid-level executives. The job cuts슬롯 머신 사이트 추천have been implemented in the past couple of months.슬롯 머신 사이트 추천

According to슬롯 머신 사이트 추천a슬롯 머신 사이트 추천슬롯 머신 사이트 추천by슬롯 머신 사이트 추천Entrackr,슬롯 머신 사이트 추천Aakash슬롯 머신 사이트 추천has laid off a hundred people from its workforce due to the strategic shift. The report said that the 80-100슬롯 머신 사이트 추천people affected by the Aakash layoffs슬롯 머신 사이트 추천were from senior and mid-level슬롯 머신 사이트 추천positions.슬롯 머신 사이트 추천In the past few weeks, the company also laid off the long-term employees who had been with it for over four years.슬롯 머신 사이트 추천An AESL spokesperson reportedly said the company would슬롯 머신 사이트 추천introduce new business models as part of its Aakash 2.0 strategy. Under this new슬롯 머신 사이트 추천strategy,슬롯 머신 사이트 추천the슬롯 머신 사이트 추천educational service provider would create new roles and consolidate the existing positions.슬롯 머신 사이트 추천Udemy Layoffs: US-Based Edtech Major To Lay Off 280 Employees Amid Restructuring, Rehire at Lower Cost Geographies, Says Report.슬롯 머신 사이트 추천

The Aakash spokesperson further said that the company's focus would be on aggressively hiring new talents. The spokesperson said슬롯 머신 사이트 추천that슬롯 머신 사이트 추천Aakash followed a bi-annual cycle that included 슬롯 머신 사이트 추천"performance reviews, talent development interventions, and consequence management." Further, it슬롯 머신 사이트 추천was슬롯 머신 사이트 추천highlighted that the company, unlike other players in the market, would슬롯 머신 사이트 추천expect to be net hires by the end of 2024.슬롯 머신 사이트 추천

BYJU acquired Aakash슬롯 머신 사이트 추천Educational Services Limited in슬롯 머신 사이트 추천April 2021 for USD 940 million, and since then, the company has announced layoffs for the first time.슬롯 머신 사이트 추천AESL was founded by the Chaudry슬롯 머신 사이트 추천family, who did not agree to swap the remaining stake due to governance concerns. The family still owns 11% stake in the company. Following this, BYJU and AESL decided to operate separately under the Think and Learn brand and withdrew their merger petition.슬롯 머신 사이트 추천Cisco Layoffs: US Tech Giant Laying Off Around 5,600 Employees, 7% of Its Workforce To Focus on AI, Automation and Cloud for Future Growth.

Recently, Udemy슬롯 머신 사이트 추천laid off슬롯 머신 사이트 추천about 20% of its workforce, 280슬롯 머신 사이트 추천employees, amid restructuring.슬롯 머신 사이트 추천Besides, BYJU's, Scaler, and Unacademy, among others in the education technology industry, also laid off several people. This suggests the struggles of the edtech sector슬롯 머신 사이트 추천due to the economy and technology, which are making them change the structures of their businesses.

(The above story first appeared on LatestLY on Sep 19, 2024 11:35 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).