Byjus Crisis: From WFH To Partial Salaries - Byjus New Plan To Deal With Cash Crunch

Edtech giant Byju's has directed its employees to work remotely as it closes office spaces nationwide, except for its Bengaluru headquarters and 300 offline tuition centres. CEO Arjun Mohan's restructuring plan aims to conserve cash amid a deadlock with investors over a $250-$300 million rights issue.