Byju's employee bursts into tears, seeks govt's help over 'toxic' work culture and immediate layoff | Watch

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Byju's has been eating away everybody's money. What they are doing with parents and employees is fraud." Also, she requested other professionals not to join Byju's. "Do whatever you want in life, teach wherever, do not get a job at Byju's and ruin your lives.

I ruined 1.5 years of my life here." Khemka uploaded the video on LinkedIn on 26 July. Recently, another video clip went viral where a Byju employee was engaged in a tense discussion with her senior, allegedly over incentive-related matters. Tensions have gripped Byju's as once high-flying tutoring startup failed to file its financial accounts on time, skipped an interest payment on its term loan, and triggered a legal fight with its creditors.

Several US-based investors accused Byju’s of hiding half a billion dollars, prompting lawsuits. Also, the crisis-ridden startup has cut down on its office spaces in Bengaluru in a bid to cut costs and ramp up liquidity. Byju vacated one of the three offices in Bengaluru.

Also, it has vacated three out of the six floors it occupied at its main corporate office. This week, one of Byju's investors-Prosus NV asserted that the company's reporting and governance structure did not evolve sufficiently for an entity of this scale and it "regularly disregarded advice" by the Dutch-listed firm. Prosus, which this year slashed the valuation of Byju's to $5.1 billion from $22 billion last year, said the decision for its director to step down from Byju's board last month was mainly because he was "unable to fulfill his fiduciary duty to serve the long-term interests of the Company and its stakeholders".