Byju’s on the verge of shutdown
https://www.ndtv.com/business-news/byjus-faces-total-shutdown-if-insolvency-proceeds-says-ceo-byju-raveendran-6141875
+1 on this,
last I heard they were not paying the salaries of employees so government froze their bank accounts and the whole board got kicked out.
company culture, employee harassment and running on parent’s FOMO.
once a relative tried checking out the platform for his daughter, He legit got calls for next 6 months. The person on the call used to lecture him about not being serious about his daughter’s future.
Not in verge , they are.
Ex employee like me is struggling to get form 16, the most fatherless behaviour they did was, deducting tax from my salary and not paying to tax department.
That’s not it , i have to pay tax for those salary which is non exist( account mein aya ho nahi) but uska pf aagaya.
I will blame the ceo and his wife only. They are the only mastermind who ran the company down.
Yaassir
Student
2 months ago
You love to see it
What will happen for those who they owe money? Lets say upto 1 crore. Will they pay at and then shutdown?
@PataPosterNiklaHero IBC code lists down the creditors on the basis of priority. So as per this list employee salary comes second priority after paying for liquidation expenses.
So many friends worked there once upon a time. Most have left now already. It’s really very sad
As will be the case with most of edtech startups in a couple of years
These fraudester needs to be punished simply shutting down is not done these m***f** **** didn’t give my reliving and experience letter whichbis creating a lot of issues
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