The learning app company Byjus announced that it will have three new firms in Kerala in the coming financial year. With this, the total number of Byjus establishments across the state will be 14.
Byjus also made it clear that only 140 out of its 3,000 employees in Kerala have been transferred to its Bengaluru offices. It said that the reports of layoffs are misleading.
Employees, who have expressed difficulty in leaving Kerala and their families, have been assured an insurance coverage for up to six months, support from recruitment companies to get another job and procedures for speedy final settlement, Byjus added.
It has also mentioned that employees, who cannot find another job within an year, will be reappointed in Byjus.