Edtech unicorn <keyword id="2900267" type="General" weightage="100" keywordseo="byju" source="Orion">BYJU</keyword>'s courted further controversy on Tuesday with its employees in Thiruvananthapuram claiming around 170 of them are being forced to resign from the company.<br /><br />The matter, raised on social media by <keyword id="7035516" type="General" weightage="50" keywordseo="technopark-today" source="Orion">Technopark Today</keyword>, an IT professionals community portal, was escalated by IT welfare organisation '<keyword id="3399247" type="General" weightage="50" keywordseo="prathidhwani" source="Orion">Prathidhwani</keyword>' to Kerala Labour Minister C. Sivankutty. Employees and Prathidhwani representatives also met the minister on Tuesday.<br /><br />Apart from ensuring that BYJU's does not force employees to resign, they demanded a revision of the company's exit policy for its employees.<br /><br />Along with ensuring payment of their October 2022 salary on November 1, employees are demanding a one-time settlement of three months' salary, earned leave encashment, and full-settlement of variable pay.<br /><br />According to the employees in Thiruvananthapuram numbering around 170, Byju's, with its office located in the <keyword id="6400701" type="General" weightage="50" keywordseo="technopark" source="Orion">Technopark</keyword>, is planning to wind up its operations in the state headquarters.<br /><br />Sivankutty, in a Facebook post, said: "The employees of BYJU's app from <keyword id="3595624" type="General" weightage="50" keywordseo="technopark-thiruvananthapuram" source="Orion">Technopark Thiruvananthapuram</keyword> had come to see me. The employees have many grievances, including job loss. The Labour Department will conduct a serious investigation in this regard."<br /><br />With losses of Rs 4,500 crore reported in FY21, BYJU's has been facing tough times in recent times. The company had recently announced cost-cutting measures including paring down manpower.<br /><br /><b>SEE ALSO:</b><br /><br /> <b><a href="https://www.businessinsider.in/tech/news/netflix-is-emailing-users-details-about-how-to-make-it-easier-to-kick-free-loaders-off-your-account-as-it-cracks-down-on-password-sharing/articleshow/95086931.cms">Netflix is emailing users details about how to make it easier to kick free-loaders off your account, as it cracks down on password sharing</a></b><br /><br /> <b><a href="https://www.businessinsider.in/tech/apps/news/whatsapp-down-users-across-the-world-are-reportedly-not-able-to-send-and-receive-messages/articleshow/95075347.cms">WhatsApp down – users across the world are reportedly not able to send and receive messages</a></b><br /><br /> <b><a href="https://www.businessinsider.in/tech/news/the-fate-of-the-world-economy-may-depend-on-what-happens-to-a-company-most-americans-have-never-heard-of/articleshow/95030860.cms">The fate of the world economy may depend on what happens to a company most Americans have never heard of</a></b><br />

Fearing firing, BYJU's employees in Kerala approach state labour minister

<p><span style="line-height: 1.5em;"><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/559e894c69bedd785c679459-1200-924/king-abdullah-university.jpg" border="0" alt="King Abdullah University"><p class="source"><span>Suaan Baghil/Reuters</span></p><p class="caption">Visitors look at a model of King Abdullah University of Science and Technology (KAUST) displayed at the opening ceremony of the university in Jeddah on September 23, 2009. </p></img></div><p></p></div></div>The Middle East has a long-established reputation for extremism, human rights abuses and underperforming economies.</span></p><p dir="ltr"><span style="line-height: 1.5em;">The region's leaders tend to point the finger of responsibility for these failings at </span><a href="http://www.themedialine.org/uncategorised/turkish-film-mastermind-purpors-to-reveal-jewish-conspiracy/">external actors</a><span style="line-height: 1.5em;">. </span></p><p dir="ltr"><span style="line-height: 1.5em;">There are, nevertheless, a few who seek solutions to the region's problems internally. These leaders turn to building "knowledge economies" as a panacea for the Middle East's chronic problems.</span></p><p dir="ltr">A "knowledge economy" refers to the contemporary post-agricultural, post-industrial global marketplace. Like the related term "information society," it denotes an economy in which an individual's professional worth is not gauged by what he or she can make or draw from the ground, but by what that individual knows.</p><p dir="ltr">Some seventy percent of the developed world's jobs are now information-based, and in today's globalized age, applicants for them are competing not just with residents of their same village, city or country, but with the entire world.</p><p dir="ltr">Middle Eastern countries have struggled to adapt to this new reality. Many of their economies are still based on small agriculture and industry, women's rights are still widely <a href="http://www.economist.com/blogs/pomegranate/2013/11/arab-womens-rights">circumscribed</a>, and their national education systems have been slow to introduce critical thinking and an appreciation of knowledge for its own sake.</p><p dir="ltr">The average Arab citizen reads just <a href="http://www.alarabiya.net/articles/2012/07/14/226290.html">six book pages</a> a year, for example, and the entire Arab world translates fewer books annually than Spain. Likewise, the Arab world has remained woefully behind in <a href="http://techreviewpanarab.com/en/computing/science-research-arab-world/">scientific</a> and high-tech innovation, lagging the rest of the world in <a href="http://www.mei.edu/content/article/don't-be-fooled-appearances-liberal-values-are-spreading-arab-world">internet penetration</a> and startup creation. Government investment in research and development remains far <a href="http://techreviewpanarab.com/en/computing/science-research-arab-world/">below</a> the world average.</p><p dir="ltr"><span style="line-height: 1.5em;">To address this discrepancy, certain Middle Eastern leaders have turned to "</span><a href="http://www.atlanticcouncil.org/images/publications/Gulf_Innovation_WEB.pdf">innovation clusters</a><span style="line-height: 1.5em;">" intended to concentrate local and <keyword id="6356001" type="COMPANY" weightage="60" keywordseo="international">international</keyword> entrepreneurs and offer the resources to incubate their ideas. </span></p><p dir="ltr"><span style="line-height: 1.5em;">Abu Dhabi's Masdar City, Dubai's TechnoPark, Doha's Science and Technology Park and the King Abdullah University of Science and Technology in Saudi Arabia represent prominent examples of that effort.</span></p><p dir="ltr">It's a commendable idea, but one whose success will remain limited without first investing in something the Middle East sorely lacks: soft infrastructure.</p><p dir="ltr">Soft infrastructure refers to those institutions required to maintain the economic, health, cultural and social standards of a country - everything from its financial system, governance and schools to police, library and park services.</p><p dir="ltr">Creating soft infrastructure remains the most important obstacle towards building sustainable knowledge economies in the region. <a href="http://www.atlanticcouncil.org/images/publications/Gulf_Innovation_WEB.pdf">The building blocks</a> of the knowledge economy - creativity, freedom of expression, social inclusion, and interaction with global cultures - are much more difficult to realize than the bricks and mortar of hard infrastructure. It is, therefore, an empty dream to expect sustainable results from investment in the knowledge economy while maintaining the authoritarian and patriarchal status quo.<span style="line-height: 1.5em;"> </span></p><p dir="ltr"><span style="line-height: 1.5em;"><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/54b1e0b269beddfb5a80b4f2-1200-858/rtr28iq7.jpg" border="0" alt=" Burj Dubai Tower uae"><p class="source"><span>Ahmed Jadallah/Reuters</span></p><p class="caption">Aspiring Middle East knowledge economy leaders like Dubai won't reach their potential without deeper political and social reforms.</p></img></div><p></p></div></div><span style="line-height: 1.5em;">One key to strengthening soft infrastructure is building cultures that embrace risk taking. This necessitates cultural transformation in a region where failure is perceived as warranting punishment. Unless Middle Eastern societies learn to see failure as a key to learning, innovation and entrepreneurship, it will be impossible for individuals who fear failure in the short term to transform into successful entrepreneurs in the long run.</span></span></p><p dir="ltr">Residents of the Middle East, like most people in the world, want what comes with the knowledge economy. Their leaders, however, rarely wish to see the drastic social transformations that accompany it.</p><p dir="ltr">Knowledge economies give rise to heated policy debates around good governance, accountability, multiculturalism, gender equality, and worker's rights among other topics. It is, therefore, impossible to seek a knowledge economy but reject the fundamental rights and freedoms that accompany it.</p><p dir="ltr">As those leaders seek to replicate the success of the West, they need to understand that Western prosperity relies just as much on the soft infrastructure of pluralism, rule of law, and rights and freedoms as it does on the hard infrastructure of cement, steel, and asphalt. After all, it is not only relative wages but quality of life that draw creative classes to innovation hubs like Silicon Valley or aspiring "clusters" like Dubai.</p><p dir="ltr">Every investment into a knowledge economy brings societies a step closer to opening the floodgates of social and political transformation from an authoritarian political culture to an open one.</p><p dir="ltr">After all, Middle Eastern leaders may fear taking the steps to build knowledge economies, but it's the one thing their long-suffering peoples need most.<span style="line-height: 1.5em;"> </span></p><p dir="ltr"><em>Aykan Erdemir is a former member of the Turkish parliament and a nonresident fellow at Foundation for <keyword id="6354810" type="ORGANIZATION" weightage="60" keywordseo="Defense">Defense</keyword> of Democracies.</em></p><p dir="ltr"><em>Oren Kessler is a deputy director for research at the Foundation for Defense of Democracies.</em></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/ian-bremmer-2016-foreign-policy-presidential-candidates-2015-7">IAN BREMMER: America needs to make up its mind about foreign policy</a></h3>        <div>            <div>    <script src="http://player.ooyala.com/v3/6e12e8b3387a44daacfb73afba25a76e"></script>    <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="5uZGx5dTrU-fF1EqhMJRJrKymDFijE3p" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>    <script>    if (typeof RunFunctions === 'undefined') { var RunFunctions = []; }     RunFunctions.push(function()    {         var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', '5uZGx5dTrU-fF1EqhMJRJrKymDFijE3p',{ autoplay: 'false' });     });    </script>    <noscript><div>Please enable Javascript to watch this video</div></noscript></div>        </div>        <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script>    </div>

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Fearing firing, BYJU's employees in Kerala approach state labour minister

IANS

A shift to a 'knowledge economy' could transform the Middle East

Aykan Erdemir and Oren Kessler