Byju’s drops plan to relocate 140 staff from Kerala; announces biz expansion, 600 hiring in state

Byju’s has rolled back the decision to relocate 140 employees at one of its offices in Kerala after founder Byju Raveendran’s meeting with chief minister P Vijayan and announced plans to hire 600 people in the state.

The edtech major gave an option to all its 140 staff working at TVM product development centre in Thiruvananthapuram to relocate to Bengaluru as it was planning to shut down the Thiruvananthapuram office as part of its cost optimisation strategy.

All these employees were also offered an assured path to return to Byju’s in case they are unable to find a job in the next 12 months.

However, after Byju’s founder Byju Raveendran’s meeting with the state chief minister, the company has now reversed the decision and decided to expand operation in the state.