Byju's Raveendran Breaks Silence On Worker Fury Over Unpaid Salaries—Right Here's What He Said
Byju's CEO promised an employee that their income would be paid, but not "without delay." The employee had shared their concerns in a touch upon the CEO's put-up, which has now long gone viral.
Byju's CEO, Byju Raveendran, is confident an employee that the unpaid salaries for beyond 3 months could be paid, but no longer "straight away."
This response came after an employee, kaushik Lade, raised worries in the feedback section of the CEO's now-viral post on social media. kaushik questioned the organization's dedication to its workers.
Raveendran, who had faced complaints for staying quiet for the duration of Byju's monetary struggles, lately spoke up. In his post, he denied claims that his own family made cash from selling shares and stated that all the price range had been positioned back into the agency.
He additionally asked for a "thorough research" into the viable wrongdoings of the enterprise's creditors and financial advisors, as he thinks they performed a role in Byju's problems.
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At the same time as Raveendran talked about a comeback, employees had more urgent troubles. One among them, kaushik Lade from Hyderabad, reminded him that people had been suffering without pay.
"We pay attention to your passion; however, ardor does not pay our payments," Lade wrote. "Whilst you talk about sacrifice, we—the personnel who built BYJU'S—had been left without salaries for 3 months. Our PF hasn't been paid. We supported the corporation, gave our high-quality, and now we're just looking to live on. Please do not allow the people who made BYJU'S to suffer in silence. Words encourage, however moves remember."
Raveendran promised him that salaries would be paid, but no longer proper away. "Payments will be paid, we are able to make a comeback, and the dues might be cleared. Not right away, however, eventually. I am now not simply preventing for myself. Until then, you need to accept as true my words. Till then, you have got my phrase," he stated.
Byju's, which was once the most valuable edtech organization in India, has been going through troubles for over a year.
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