Byju’s delays PF payments of staff for six months
Edtech firm Byju’s, which lost its auditor last week, has been delaying the provident fund (PF) payments of several employees for almost six months now. Image used for representational purposes only. BENGALURU: Edtech firm Byju’s, which lost its auditor last week, has been delaying the provident fund (PF) payments of several employees for almost six months now. Former employees who this newspaper spoke to said the company last made PF contributions in November and a few shared their PF passbooks that showed payment only till November 2022. A former employee on condition of anonymity said the company has offered many employees only one month’s salary as severance instead of two months and that they are having a tough time in getting another job. Arpit Singh, another former employee with Byju’s said, he is struggling to get a job and that his family is entirely dependent on his income. He hoped that the company will settle his final dues as early as possible. Sources from the com...