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Byju's Vacates All Offices Except HQ, Tells Employees To Work From Home

Byju's Vacates All Offices Except HQ, Tells Employees To Work From Home

NDTV
Tuesday, March 12, 2024 04:53:59 AM UTC

Byju's has been struggling with cash-flow problems and is embroiled in a dispute with creditors over a $1.2 billion loan.

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 the ongoing crisis. 

Sources told the NDTV Profit that except for IBC Knowledge Park in Bengaluru - where over 1,000 employees work - all other office premises across the country have been vacated by the edtech giant.

The process has been going on for the past few months as the company did not renew several of its contracts for offices across cities as a way to cut costs, the NDTV Profit reported.

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