Tag: Byjus Employees Salaries

Byju’s To Lay Off 500 Employees Amid Financial Crunch: Report

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Byju’s To Lay Off 500 Employees Amid Financial Crunch: Report

Byju’s rose to dizzying heights before facing a slew of challenges. (Representational) New Delhi: Byju’s is laying off about 500 employees, including from sales, amid a financial crunch, sources said, even as the troubled edtech firm maintained that it is in the final stages of business restructuring to streamline operations. The layoff in the embattled…

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Byju’s Delays Salaries Again, Blames “Few Misguided Foreign Investors”

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Byju’s To Lay Off 500 Employees Amid Financial Crunch: Report

Byju’s also sought to assure staff that it is following a parallel line of credit. (Representational) New Delhi: Embattled edtech company Byju’s has informed its employees that there will “again” be a delay in disbursement of salaries. Byju’s management in a communication to employees blamed the situation on an interim order obtained by “a few…

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