Earlier in June, An Indian multinational educational technology company, Byju’s had laid off over 1,000 employees across various departments, including mentoring, logistics, training, sales, post-sales, and finance.
According to Money Control report, Edtech Major said in a mail to the laid-off employees, “This is to inform you that the full and final settlement amount will be released by November 17.”
The company was supposed to pay by September 15. “We are sorry for the inconvenience caused,” the mail added.
A Byju’s spokesperson said, “We regret and acknowledge the delays in settling dues of former employees.”
“As we work through a difficult business restructuring, we are committed to meeting all our obligations as soon as possible,” a Byju’s spokesperson said.
Earlier, the company planned to pay two months’ salary for both June and July as part of their final settlements, along with additional incentives, by September 15 to all affected employees.
Earlier a video has been circulating by Twitter and LinkedIn users showing a heated conversation between employees at BYJU’s office.
Female staff can be heard saying in the video that I am screaming because I am going mad. The conversion is between a female employee and a senior official over an incentive-related issue.
Masroor Jahangir a LinkedIn user shared the post saying, “Disturbing Reports about BYJU’S Work Culture, Alarming reports have surfaced about the work culture at Byju’s, raising serious concerns among employees and customers alike. Complaints suggest that employees are facing a toxic and pressurized environment, with extended working hours of 12-14 hours a day, salary cuts, and feelings of being treated like commodities rather than valued team members.”
“This distressing situation extends to the customers, with some expressing doubts about the company’s business practices, including allegations of deceptive marketing and potential scams”, the post added.