KOCHI: Amid controversies after laying off large number of employees from its Technopark office here, Byju’s Think and Learn (P) Ltd has announced it plans to expand in Kerala and refuted reports on ceasing its operations in the state. In an official statement, the company said it was strengthening its presence in the state. “We are providing employees with extended family health insurance benefits and out placement services led by some of the industry’s best recruitment specialists, and are fast-tracking full-and-final settlement on demand. All these employees will also be offered an assured path to return to Byju’s in case they are unable to find a job in the next 12 months. Our human resources teams are in constant touch with everyone involved and are doing everything necessary to resolve their problems,” the statement said.
The company will add three more offices in the state in this financial year, taking the total number to 14 and increasing the total headcount to 3,600. Meanwhile, the affected employees had raised some demands that include payment of the salary for October on November 1, a one-time settlement of salary for the upcoming three months, from November 2022 to January 31, 2023, encashment of all earned leaves and full settlement of variable pay (as applicable to each employee).
Following the company’s official statement, Prathidwani, an association for the welfare of IT employees in Technopark, came out with a statement welcoming the company’s move to expand operations in Kerala but clarified that the association was firm in its demands put forward before the company.
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