Sources: Byju’s plans to layoff about 12,000 people, or nearly 25% of its workforce, over the next year; Byju’s denies the number of job cuts is more than 2,500 (Pradip K. Saha/The Morning Context)

Pradip K. Saha / The Morning Context:
Sources: Byju’s plans to layoff about 12,000 people, or nearly 25% of its workforce, over the next year; Byju’s denies the number of job cuts is more than 2,500  —  Byju’s, India’s largest education technology company, with a valuation north of $22 billion, plans to lay off about 12,000 people …