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BYJU’S To Shut Nearly 120 Tuition Centres
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BYJU’S To Shut Nearly 120 Tuition Centres
14 August 2024
BYJU’S has been sending notices for termination of lease contracts for its tuition centres, and this move is likely to result in it shutting 120 centres. In the termination notice, accessed by Inc42, BYJU’S parent Think & Learn attributed the decision to changing business priorities
The embattled edtech firm is planning to close a majority of these tuition centres by August 31
BYJU’S has been sending notices for termination of lease contracts for its tuition centres, and this move is likely to result in it shutting 120 centres. In the termination notice, accessed by Inc42, BYJU’S parent Think & Learn attributed the decision to changing business priorities
The embattled edtech firm is planning to close a majority of these tuition centres by August 31
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