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Byju's gives up most office spaces in India, shifts to remote work
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Byju's gives up most office spaces in India, shifts to remote work
12 March 2024
Edtech company Byju's has left all office spaces across India and is only retaining its headquarters at IBC Knowledge Park in Bengaluru. The cost-cutting step comes as the company addresses an imminent liquidity crisis as the company has been engaged in a tussle with its investors with respect to the funds raised from a recently concluded rights issue offering.
Edtech company Byju's has left all office spaces across India and is only retaining its headquarters at IBC Knowledge Park in Bengaluru. The cost-cutting step comes as the company addresses an imminent liquidity crisis as the company has been engaged in a tussle with its investors with respect to the funds raised from a recently concluded rights issue offering.
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