Of the 48 laid-off employees contacted, 40 say they did not get the full-and-final settlements which was promised to reach them by November 17
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Crisis-hit Byju’s has again missed the deadline For full-and-settlements of employees who were laid off by the edtech company, according to a Moneycontrol report. The company had earlier postponed the final payment day from September till November.
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According to the report, 60 employees who were sacked by Byju’s were contacted. Of the 48 who responded, 40 said they did not get the full-and-final settlements which was promised to reach them by November 17.
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Of the 8 employees who get their full-and-final settlements, about 2-3 did not receive their variable pay or incentives, it said.
The report, citing a source close to the company, said Byju’s is making the payments in a phased manner on a weekly basis and has already settled the payments of those that were due in October.
