Byju’s Employees Face Deteriorating Work Conditions Amid Cost Cuts and Operational Issues

9 Jan 2024 , 01:50 PM

Byju’s Bengaluru offices are experiencing deteriorating work conditions amid the company’s mounting troubles.

Staff morale is affected as the once-celebrated edtech startup faces challenges, leading to cost cuts and operational issues impacting the workplace.

Employees report concerns about deteriorating cleanliness in office toilets, with recurrent issues and a reduction in cleaning staff.

Previously provided refreshments, including coffee, tea, breakfast options like bread and jam, and soup, have been removed. Only water is now available.

Byju’s faces the urgency to repay a $1.2 billion term loan B in the next three months, leading to deep cost cuts as its subsidiaries Epic and Great Learning remain unsold amid financial constraints.

Internal documents reveal a significant reduction in expenses on workplace services, including tuition centers, corporate, and sales offices, down 41% to about Rs 25.73 crore in December 2023 from Rs 44.03 crore in December 2022.

The reduction in facility management staff and amenities is confirmed by a source close to Byju’s due to declining company strength and prioritizing cost cuts.

Byju’s reportedly vacated its largest office in Bengaluru in July and currently operates from Prestige Tech Park and IBC Knowledge Park.

Employee complaints also highlight operational issues, including non-functional lifts at Prestige Tech Park for over a month without repair attempts.

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