BYJU’s reversed its decision to lay off 140 employees and close its Thiruvananthapuram office, Following a meeting on Wednesday with Kerala Chief Minister P. Vijayan.
“Following a thorough discussion with the Hon’ble Chief Minister of Kerala, Shri P. Vijayan, and Byju Raveendran, Founder of BYJU’S, we have decided to keep our TVM product development centre operational.” As a result, our 140 associates will continue to work from this location,” said a BYJU spokesperson. “Byju Raveendran, who is from Kerala, reiterates his commitment to the state, and the BYJU’S leadership team, under his guidance, will pursue a growth strategy in the state,” they added.
The announcement follows media allegations that BYJU’S intends to close its Thiruvananthapuram operations and fire 140 staff members as a cost-saving strategy.