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Byju’s Again Misses Deadline For Final Payments Of Sacked Employees: Report

Byju’s has missed another deadline. According to a Moneycontrol investigation, for full-and-settlements of employees laid off by the edtech business. The corporation has already pushed out the last payment day from September to November.

According to the report, Byju’s contacted 60 employees who had been fired. Of the 48 people who answered, 40 indicated they did not get the full-and-final settlements promised to them by November 17.

According to the report, around 2-3 of the eight employees who received full-and-final settlements did not get their variable compensation or incentives.

According to the article, which cited a person close to the firm, Byju’s is paying the payments in stages on a weekly basis and has already completed the amounts due in October.

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Source: NEWS 18

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