Fresh troubles at Indian edtech startup Byju's this week have escalated concerns among employees who were already uncertain about their future after several rounds of job-cuts, more than a dozen current and former staff told Reuters.
"Morale is at an all-time low. Literally every person has a job portal open on their laptop at all times. Everyone wants to leave desperately before they are asked to pack up overnight," said a senior manager at Byju's, requesting anonymity.
A Byju's spokesperson did not respond to Reuters queries on staff morale, the lack of communication from management or other issues raised by employees.in a statement that a "few" investors had vacated their board seats. "The general sentiment is that the company is struggling," said one analyst at the company. "Almost 90% of us, myself included, are waiting for a performance appraisal which hasn't happened."
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