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The Clock Is Ticking For BYJU’S

Inc42 · 1y

BYJU'S, the edtech company, is facing financial troubles and struggling to pay its employees. The company suspended fixed salaries for its sales team, linking their pay to weekly sales, leading to dissatisfaction among employees. Only some employees have been paid their March salaries, with many others still waiting for payment. The company's financial situation, along with a decline in its brand reputation, raises concerns about whether BYJU'S can survive in the long run. The company's cost-cutting measures under the BYJU'S 3.0 plan do not inspire confidence, and its competitors are focusing more on offline learning.