"BYJU’S Layoffs: Employee Unions Cite Labour Law Violations, Prepare For A Legal Fight", 14 November 2022

In what could turn out to be a new headache for BYJU’S, the highest-valued Indian edtech unicorn, the employees sacked by it are mulling approaching the labour ministries of the central and various state governments. The edtech unicorn recently announced that it would lay off 2,500 employees, or around 5% of its workforce, and several labour unions are currently mulling action against the startup for allegedly violating labour laws.

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Meanwhile, a spokesperson for the company said BYJU’S is a responsible organisation and follows the law of the land.

“The rationalisation exercise is being carried in complete adherence to the applicable labour laws...BYJU’S employs nearly 50,000 people across India. Around five percent, or 2,500, of these positions are being rationalised as part of BYJU’S current strategic plan to grow profitably and sustainably...BYJU’S is providing all of them a progressive exit package, including extended family health insurance benefits, outplacement services"