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Byju s to run 262 centres in hybrid model, 30 to undergo restructuring

Byju s to run 262 centres in hybrid model, 30 to undergo restructuring
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Byju s Cuts Costs, Shifts Employees to Work-From-Home ModelIndia Infoline

In the past 12 months, the company has let go of thousands of workers as it has struggled with dwindling venture capital funding.

Byju s gives up all office spaces except B luru HQ, makes WFH compulsory for employees indefinitely

The decision was reportedly taken to address the imminent liquidity crisis, the report said

Byju s gives up almost all office spaces across India, mandates employees to work from home

This comes at a time when the company has been engaged in a dispute with its investors regarding the validity of the funds raised from a recently concluded rights issue offering.

Byju s tells employees to work from home, gives up most office spaces in India

Byju s Crisis: Byju s has asked all employees to work from home indefinitely, except for those working out of approximately 300 Byju s Tuition Centres.

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