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G Sivankutty with BYJUS employees

BYJU’S Shutting Down Trivandrum Unit

BYJU’S, which recently announced the retrenchment of 5% of its 50,000 strong staff in a phased manner, has now gone ahead and shut down its Trivandrum office. The Kerala government’s General Education and Labour Minister, V Sivankutty in a Facebook post has stated “It is alleged that BYJU’S has closed down its Trivandrum office at Technopark, forcing its employees to resign.” More than 170 employees with the Trivandrum unit have told the Minister that they are seeking compensation and pending salaries. Technopark Today, the community media platform, reported that BYJU’S employees were demanding “payment of salary for the month of October 2022 and one-time settlement of salary for the upcoming three months, from November 2022 to January 2023.”Also, “they have demanded encashment of earned leave and full settlement of variable pay as applicable to each employee.” BYJU’S which commands a valuation of $ 22-billion announced a slew of belt tightening measures after posting a loss of Rs 4,588 crore for the fiscal of 2021. Apart from retrenchment of its staff, the company announced that it is optimising its marketing budget, prioritising spends, reducing operational cost and integrating multiple businesses. The company put the blame of its losses in 2020-21 due to the operations at WhiteHat Jr.
arshdeep singh

@arshdeepsinghh

Arshdeep Singh: The New Sensation Who Puts Batters On The Backfoot

Arshdeep Singh has come a long way in a short span of time and proved his mettle in the big league of international cricket. He was sounded out at the back-end of the IPL Season 15 by the selectors that they are looking at him as a contender for the ICC Men’s Twenty20 World Cup. And that’s because he is a left-hand seamer, and potentially long term prospect — a rare talent among the fast and seam bowling variety in India’s domestic circuit. Last Sunday (Oct 23), the young kid on the block silenced the Pakistan supporters among the 90,000 odd who had come to watch the India-Pakistan skirmish at the Melbourne Cricket Stadium. Making his debut in an ICC event for the first time, Arshdeep manipulated the ball into the right hander bowling from over the wicket and the Pakistan skipper Babar Azam was trapped in front first ball. It was the fifth time that Azam was dispatched for a first ball duck. Azam has scored 3231 runs coming into the match; he had baulked India in the last year’s World Cup opener in the UAE. Arshdeep went on to dismiss Mohammed Rizwan and Asif Ali in his second spell and now has a tally of 22 wickets in 14 matches. The Sardar is turning out to be a real find!

TRENDS & VIEWS

Editor’s Note: Big Punch In Small Pack

It is the Third Anniversary of Short Post and as a news media startup launched during the Covid-19 pandemic it certainly feels better than good to find ourselves where we are today. Here, I must cite the unstinted support of our seasoned contributors, all senior editors in the country, who brought a great degree of maturity and sagacity to the Short Post newsroom. But for them, our tagline “Authentic Gossip”, an Oxymoron, would not have matured viably. Our user numbers may be small but our stories have created the desired impact among people who matter — decision makers and influencers. We offer a big punch in a small pack and Short Post with its 225-word stories has been punching above its weight category. Having posted close to 3,000 stories in the last 36 months, Short Post, I feel, is an idea whose time has come.
And this is vindicated by our two marquee advertisers – IDFC FIRST Bank and ICICI Lombard. Both believed in our story and have supported us from Day one. A big thank you to both.
If you look at the media landscape – print, TV and digital — it is a mixed bag. There are job losses as some outfits have closed down while a lucky few were bailed out by large corporate houses. Yes, there is a lot of action in the digital space. However, the entry of corporate houses has raised the question of independence of news media outfits. Sadly, there are just a handful of independent media outfits in the country that are highly respected for their neutrality. At Short Post, our credo is not to take sides, prejudge issues or be biased but, informing readers of behind-the-scenes happenings. In essence, Short Post strives to be a neutral editorial platform — neither anti-establishment nor pro-establishment.
As I said last year, disruptions in the media world are moving at a fast and furious pace. Technology is playing a very big role in how content is generated and consumed. But, we are neither alarmed nor perturbed as it is all a part of the evolution process. What gives us comfort is that AI is unable to create original gossipy content. And that is the news arena where we have achieved a distinction.