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US Court Orders Byju's Founder To Pay Over $1 Billion After Default Ruling
A US bankruptcy court has ordered Byju's founder Byju Raveendran to pay over $1.07 billion, holding him personally liable for the movement and concealment of funds from Byju's Alpha, the company's US-based financing arm.
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No July Salaries For Byju's Employees Yet, Founder Explains Why
Embattled edtech company Byju's is yet to pay July salaries to its thousands of employees and its Founder and CEO, Byju Raveendran, on Tuesday addressed workers, promising swift resolution despite facing several legal challenges.
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Byju's Paying Employee Salaries For May From "Collections": Report
Embattled edtech company Byju's was expected to release salaries for the month of May for its employees on Monday, after several delays earlier owing to a severe cash crunch and mounting legal battles.
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Byju's To Fire Around 1,000 Employees, Offer 2-Month Severance Pay: Report
Marketing managers have been asked to fire two people each from sales and marketing from each of its 280 tuition centres across the country, the report said, citing sources. Around 150 marketing managers also stand to lose their jobs.
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US Court Orders Byju's Founder To Pay Over $1 Billion After Default Ruling
A US bankruptcy court has ordered Byju's founder Byju Raveendran to pay over $1.07 billion, holding him personally liable for the movement and concealment of funds from Byju's Alpha, the company's US-based financing arm.
-
No July Salaries For Byju's Employees Yet, Founder Explains Why
Embattled edtech company Byju's is yet to pay July salaries to its thousands of employees and its Founder and CEO, Byju Raveendran, on Tuesday addressed workers, promising swift resolution despite facing several legal challenges.
-
Byju's Paying Employee Salaries For May From "Collections": Report
Embattled edtech company Byju's was expected to release salaries for the month of May for its employees on Monday, after several delays earlier owing to a severe cash crunch and mounting legal battles.
-
Byju's To Fire Around 1,000 Employees, Offer 2-Month Severance Pay: Report
Marketing managers have been asked to fire two people each from sales and marketing from each of its 280 tuition centres across the country, the report said, citing sources. Around 150 marketing managers also stand to lose their jobs.
