The development comes against the backdrop of summons issued to the company by child rights body National Commission for Protection of Child Rights (NCPCR) over allegations that the edtech firm is indulging in malpractices to lure parents and children to buy...
Defending itself on the allegation of mis-selling, Byju's said it does not encourage, order or incentivise its sales staff and managers to pursue customers who are uninterested in or unable to pay for its products
While many CEOs who went on a guilt trip after announcing retrenchments assured assistance to their sacked employees, it remains questionable how serious are they about keeping their promise
In October, the edtech decacorn announced rationalising its workforce, which effectively meant terminating the services of 2,500 employees from its 50,000-strong team
