Byju’s, the Bengaluru-based edtech platform is grabbing headlines for all the wrong reasons. It is reportedly forcing resignations out of its employees in Bengaluru.
As per the Karnataka State IT/ITeS Employees Union (KITU), reluctant staff are being forced to give in their resignations by the HR at Bengaluru.
Recently, its employees in Kerala complained of the same exercise.
A group of employees from the Thiruvananthapuram branch of Byju’s in Kerala met V Sivankutty, labour minister of Kerala with a request to intervene and help mete out justice. The employees alleged that their employer, Byju’s, was suddenly asking staff to resign.
About 140 to 170 employees working at the Carnival Building of Technopark approached Prathidwani, a welfare organisation of IT employees after Byju’s decided to wind up its operations in the city and asked employees to resign without giving any prior notice.
Now, Bengaluru staff are reportedly being asked to submit their resignations immediately or be prepared to be terminated. The latter, of course, does not look good on their resumes and has an adverse effect on their future.
Byju’, however, has reportedly said it has no plans to move out of Kerala and that it is actually launching three centres in the state, for which it is looking at recruiting about 600 people. The edtech company, which is worth about $22 billion, expects to earn profits by March 2023.
Value our content... contribute towards our growth. Even a small contribution a month would be of great help for us.
Since five years, we have been serving the industry through daily news and stories. Our content is free for all and we plan to keep it that way.
Support HRKatha. Pay Here (All it takes is a minute)