Crisis-Hit Byju's Pays Full April Salary, Except To Sales Employees
Embattled edtech platform Byju's has paid full salary for April to employees in all functions, except sales staff, even as the company faces a liquidity crisis.
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Embattled edtech platform Byju's has paid full salary for April to employees in all functions, except sales staff, even as the company faces a liquidity crisis.
This comes a day after Moneycontrol reported that the cash-strapped edtech company has rolled out a new policy linking sales staff’s salaries to the revenue they generate every week.
Cash-strapped edtech firm Byju's is likely to pay its employees the April salaries this week, according to sources. The company is grappling with the issue of delays in paying salaries to employees. 'There has been a delay in salary. It is expected to be now paid sometime this week,' said a person.
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Embattled edtech platform Byju's has paid full salary for April to employees in all functions, except sales staff, even as the company is facing a liquidity crisis.According to sources, the edtech firm managed to pay the full amount to ...