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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.
Collage Maker-07-Jul-2022-05
A First In India: Lulu Mall’s Midnight Shopping Concept Draws Huge Crowd In Trivandrum
Kerala’s capital city of Trivandrum is not quite a place of shopping frenzy like Mumbai, Bengaluru or Delhi. But Yusuf Ali’s Lulu Mall has done the impossible by introducing a midnight shopping concept in Trivandrum. What started on a trial basis has ended in a resounding success. The Mall owners have now promised to conduct the night shopping spree on a frequent basis. Huge crowds started milling around the Mall hours before the official opening at 11.59 pm (July 6). The roads nearby were chock-a- block and so were the parking bays. “Our intention to encourage midnight shopping was to offer a new and peaceful shopping experience,” said Joy Shadanandan, Regional Director, Lulu Group. To ensure the success of midnight shopping, there were many firsts like 50% discount on all purchases, a pink parking area exclusively for women customers. The security was upped with more personnel in mufti to ensure women safety at night. The Kerala Government also helped in with more policing and traffic management. Special bus services were introduced by the public transport provider, KSRTC. Lulu Mall in Trivandrum has crossed the one-crore-footfall mark since its opening in December 2021. With the success of the night shopping the erstwhile Travancore Kingdom could well attain the tag of “a City which never sleeps”.

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Editor’s Note: Short Post Noticed By People Who Matter

Four years have zipped by and we are crossing another milestone on 31st January 2025 – it’s our 4th Anniversary. It feels good.
Looking back at the 1460 days, I must say Short Post has made its mark with people who matter via 4000 stories published in the areas of politics, business, entertainment and sports. All made possible by the unflinching commitment and dedication of our senior editors, most of whom have been part of this journey from Day One.
Small pack, big impact is in essence the story of Short Post which was launched at the height of the Covid-19 pandemic in 2021. It shows our conviction. In all humility, I can say, we have created a new niche in the news segment space like Hindustan Unilever which created a new segment, when it launched CloseUp Gel.
Yes, we have created a brand (in a limited sense), created demand (readers) and created supply (senior journalists). But we are facing teething problems like all start-ups. What makes us happy and confident is the recognition of our efforts. For instance, we have an arrangement with the OPEN Magazine, part of the $4.5 billion Kolkata-based Sanjiv Goenka-RPG Group. This arrangement sees around 10 Short Post stories posted on OPEN Magazine website every week. This arrangement is testimony that our content has been well received! Also, I may add that the Maharashtra government has recognised Short Post and has allowed our senior editor to cover the Assembly sessions. Ditto: Odisha.
Our goal is to ensure that Short Post becomes a habit. I would like people to keep checking their smartphones to know the latest Authentic Gossip. As regards AI and the fear of it disrupting all businesses including media. On that, personally, I have no such fear as I am confident AI cannot smell news particularly Authentic Gossip. That’s the place we are well entrenched.