Byju's, an Indian edutech company, is planning to cut up to 5,000 jobs in the coming weeks as part of a restructuring of its business. The move follows a delayed IPO and pressure from lenders. The Bengaluru-based startup has already eliminated over 10,000 full-time and contract positions in the past two years. The company is planning to remove redundant roles across both offline and online ventures, including many in the marketing department and high-paying senior executive roles. Arjun Mohan, who recently took over as the CEO of the company's India business, is reportedly planning to merge several business verticals as part of the changes. The changes are expected to be rolled out later this week or early next week.

Byju’s, a leading Indian IT company, is in the final stages of a business restructuring to simplify operating structures, reduce costs, and improve cash flow management. The new India CEO, Arjun Mohan, is expected to complete the process in the coming weeks. The job cuts are only implemented at Byju's parent, Think & Learn, and are not linked to any of its subsidiaries. Byju's has experienced several setbacks, including the resignation of its auditor and board members and the repayment of a $1.2 billion loan.