Business
In a year-end email to staff, Byju Raveendran writes, “Once the storm is gone…
Byju co-founder and CEO Byju Raveendran reflects on the year that was. The edtech giant was embroiled in some major controversies. “Once the storm is over, you won’t remember how you made it through,” he says to his employees.
Raveendran was quoting a passage from the novel Kafka on the Shore, authored by Japanese novelist Haruki Murakami. The entrepreneur, 42, was quoted as saying: “When you come out of the storm, you won’t be the same person who walked in”.
The mail came just days after Byju’s vehemently denied allegations it purchased databases of its students. The edtech firm had announced, just days before this, it will slash its 50,000-strong workforce by 5%, by March 2023, to lower costs.
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