Mint | 25 December 2022
In June, edtech decacorn Byju’s had offered a software development engineer’s job to a Bengaluru engineering college student. Since he took up the offer, he wasn’t allowed to apply for jobs in other companies due to the college’s placement policy. But that proved to be his bane. In just five months, he was one among the 2,500 employees who were handed over a pink slip by India’s most valued startup.
“Instead of hiring and then letting me go, it (Byju’s) could have revoked my offer. I could have applied for jobs at other companies," the student, who has started preparing for job interviews again, rued. “Now I am neither a fresher nor will my 4.5 months’ work count as experience," he said requesting anonymity. He is not alone. Three of his batchmates suffered the same fate as part of the company’s drive to become profitable by March.