Byju’s new plan to deal with cash crunch: Tells employees to work from home
Byju's asked employees to work from home and vacated office spaces, keeping only its Bengaluru-based headquarters. The move is part of a restructuring plan amid a tussle with investors over the rights issue. The company has partially paid salaries to lower base employees and made alternate funding arrangements. Salaries are expected to reflect on March 11.
Byju's asked employees to work from home and vacated office spaces, keeping only its Bengaluru-based headquarters. The move is part of a restructuring plan amid a tussle with investors over the rights issue. The company has partially paid salaries to lower base employees and made alternate funding arrangements. Salaries are expected to reflect on March 11.
