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Byju's Insolvency Threatens Future Of Thousands Of Employees
The insolvency of education technology company Byju's threatens to be the biggest upset in a celebrated startup sector, unleashing a long battle by thousands of panic-stricken employees to recover dues and protect their careers.
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No July Salaries For Byju's Employees Yet, Founder Explains Why
Embattled edtech company Byju's is yet to pay July salaries to its thousands of employees and its Founder and CEO, Byju Raveendran, on Tuesday addressed workers, promising swift resolution despite facing several legal challenges.
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Byju's Faces Total Shutdown If Insolvency Proceeds, Says CEO Byju Raveendran
Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a total shutdown of its services, its CEO said in a court filing seen by Reuters.
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Byju's Paying Employee Salaries For May From "Collections": Report
Embattled edtech company Byju's was expected to release salaries for the month of May for its employees on Monday, after several delays earlier owing to a severe cash crunch and mounting legal battles.
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"Scary As Heck, But...": IIT Kanpur Alum Shares Why She Quit Her Corporate Job To Pursue Passion
An IIT Kanpur alum who quit her high-paying corporate job to become a fitness coach is going viral online for sharing her inspiring career journey.
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Crisis-Hit Byju's Pays Full April Salary, Except To Sales Employees
Embattled edtech platform Byju's has paid full salary for April to employees in all functions, except sales staff, even as the company faces a liquidity crisis.
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Amid Byju's Money Crunch, Salaries Linked To Weekly Earnings: Report
Embattled edtech platform Byju's, which is finding it difficult to pay full salaries amid severe cash crunch, has now linked sales employees' pay to weekly revenue generation.
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Byju's Clears March Salary Of Employees After CEO Takes Personal Debt: Report
Ahead of the National Company Law Tribunal (NCLT) hearing on Tuesday, Edtech company Byju's has paid partial salaries to employees for March. Sources told ANI that Byju's founder and CEO Raveendran has raised debt in personal capacity to pay part of
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Byju's Resumes Salary Payment To Employees After 2-Month Delay
Crisis-hit edtech star Byju'shas resumed paying salaries to its staff after a two-month delay despite being barred from using the proceeds of its recently floated rights issue, reports suggest.
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Byju's To Lay Off 500 Employees Amid Financial Crunch: Report
Byju's is laying off about 500 employees, including from sales, amid a financial crunch, sources said, even as the troubled edtech firm maintained that it is in the final stages of business restructuring to streamline operations.
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Byju's Delays Salaries Again, Blames "Few Misguided Foreign Investors"
Embattled edtech company Byju's has informed its employees that there will "again" be a delay in disbursement of salaries.
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Byju's Shuts All Offices Except HQ, Asks 14,000 Employees To WFH: Report
Edtech firm Byju's has asked about its14,000 employees to work from home as it vacated all its offices except the headquarters in Bengaluru amid a cash crunch.
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Byju's Likely To Miss Salary Deadline Amid Rift With Investors: Report
Edtech firm Byju's is likely to miss today's deadline to pay the salaries of more than 20,000 employees for February.
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"I Continue To Remain CEO": Byju Raveendran Day After Shareholders' Move
Amidst growing trouble in the edtech firm Byju's, the company's CEO Byju Raveendran told employees that he continues to remain the chief executive officer of the company.
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Byju's Billionaire Founder Gets Court Relief In Fight Against Shareholders
Ed-tech firm Byju's said Wednesday a court had given it temporary protection in its fight against a group of shareholders trying to sack the company's billionaire founder.
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Byju's Insolvency Threatens Future Of Thousands Of Employees
The insolvency of education technology company Byju's threatens to be the biggest upset in a celebrated startup sector, unleashing a long battle by thousands of panic-stricken employees to recover dues and protect their careers.
-
No July Salaries For Byju's Employees Yet, Founder Explains Why
Embattled edtech company Byju's is yet to pay July salaries to its thousands of employees and its Founder and CEO, Byju Raveendran, on Tuesday addressed workers, promising swift resolution despite facing several legal challenges.
-
Byju's Faces Total Shutdown If Insolvency Proceeds, Says CEO Byju Raveendran
Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a total shutdown of its services, its CEO said in a court filing seen by Reuters.
-
Byju's Paying Employee Salaries For May From "Collections": Report
Embattled edtech company Byju's was expected to release salaries for the month of May for its employees on Monday, after several delays earlier owing to a severe cash crunch and mounting legal battles.
-
"Scary As Heck, But...": IIT Kanpur Alum Shares Why She Quit Her Corporate Job To Pursue Passion
An IIT Kanpur alum who quit her high-paying corporate job to become a fitness coach is going viral online for sharing her inspiring career journey.
-
Crisis-Hit Byju's Pays Full April Salary, Except To Sales Employees
Embattled edtech platform Byju's has paid full salary for April to employees in all functions, except sales staff, even as the company faces a liquidity crisis.
-
Amid Byju's Money Crunch, Salaries Linked To Weekly Earnings: Report
Embattled edtech platform Byju's, which is finding it difficult to pay full salaries amid severe cash crunch, has now linked sales employees' pay to weekly revenue generation.
-
Byju's Clears March Salary Of Employees After CEO Takes Personal Debt: Report
Ahead of the National Company Law Tribunal (NCLT) hearing on Tuesday, Edtech company Byju's has paid partial salaries to employees for March. Sources told ANI that Byju's founder and CEO Raveendran has raised debt in personal capacity to pay part of
-
Byju's Resumes Salary Payment To Employees After 2-Month Delay
Crisis-hit edtech star Byju'shas resumed paying salaries to its staff after a two-month delay despite being barred from using the proceeds of its recently floated rights issue, reports suggest.
-
Byju's To Lay Off 500 Employees Amid Financial Crunch: Report
Byju's is laying off about 500 employees, including from sales, amid a financial crunch, sources said, even as the troubled edtech firm maintained that it is in the final stages of business restructuring to streamline operations.
-
Byju's Delays Salaries Again, Blames "Few Misguided Foreign Investors"
Embattled edtech company Byju's has informed its employees that there will "again" be a delay in disbursement of salaries.
-
Byju's Shuts All Offices Except HQ, Asks 14,000 Employees To WFH: Report
Edtech firm Byju's has asked about its14,000 employees to work from home as it vacated all its offices except the headquarters in Bengaluru amid a cash crunch.
-
Byju's Likely To Miss Salary Deadline Amid Rift With Investors: Report
Edtech firm Byju's is likely to miss today's deadline to pay the salaries of more than 20,000 employees for February.
-
"I Continue To Remain CEO": Byju Raveendran Day After Shareholders' Move
Amidst growing trouble in the edtech firm Byju's, the company's CEO Byju Raveendran told employees that he continues to remain the chief executive officer of the company.
-
Byju's Billionaire Founder Gets Court Relief In Fight Against Shareholders
Ed-tech firm Byju's said Wednesday a court had given it temporary protection in its fight against a group of shareholders trying to sack the company's billionaire founder.
