Byjus layoffs: Kerala orders probe as Byju’s closes its workplace, sacks staff

Edtech main Byju’s has allegedly closed its Technopark workplace in Thiruvananthapuram and compelled all its staff there to resign. Kerala basic training and labour minister V Sivankutty stated the federal government will examine the matter.

“Employees of Byju’s app had come to meet me along with the officials of Prathidhwani, an IT employees’ welfare organisation at Technopark,” Sivankutty wrote on Facebook on Wednesday. “The employees have many grievances including job loss. The labour department will conduct a serious investigation in this regard.”

Byju’s stated 140 folks have been let go from its Technopark workplace. “In this ongoing organisational restructuring for profitable growth, Byju’s is making every attempt to offer relevant relocation opportunities to the affected employees,” an organization spokesperson stated on the Technopark difficulty. “In this regard, while we are discontinuing a part of our Trivandrum operations to reduce redundancy, we are also offering the entire Trivandrum team an opportunity to relocate to Bengaluru.”

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Byju’s to sack as much as 2,500 staff in ‘rationalisation’ bid

In a LinkedIn submit on Tuesday, a bunch of IT professionals at Technopark alleged that Byju’s is planning to cease its operations from Thiruvananthapuram “without any prior notice to employees”.

It stated that within the assembly with Sivankutty, Prathidhwani sought the state authorities’s intervention. The organisation additionally sought compensatory advantages, together with fee of wage for the month of October and encashment of all earned leaves, as per the LinkedIn submit.

Byju’s has denied the allegations. “We have provided them (employees being let go) more than a month’s time to decide on this matter,” the corporate spokesperson stated. “If they choose to not use this opportunity, we have made available a generous and progressive exit package to all employees impacted by the restructuring, including extended health insurance benefits, outplacement services and garden leave. This package even includes an assured opportunity to be rehired by Byju’s within the next 12 months at any operational centre across India.”

Earlier this month, India’s most useful unicorn had stated it will
“rationalise” about 5% of its 50,000-strong workforce throughout departments such as product, content material, media and expertise in a phased method. This interprets into layoffs of round 2,500 folks.

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