FIITJEE holds managing partners responsible for financial crisis, warns against illegal extortion of employees

FIITJEE holds managing partners responsible for financial crisis, warns against illegal extortion of employees


Highlighting the steps taken to address the situation, FIITJEE said, “In February 2024, the company debriefed the core group as well as all managing partners and asked them to optimize additional manpower, improve work culture. And asked to clearly outline the strategy to come back from the situation.”

“Most managing partners took no action. In fact, some managing partners even took advantage of the situation to gain undue advantage,” it said.

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