WebJun 3, 2024 · The Chinese firm has been buffeted by a range of issues, including the country's crackdown on the online education sector, a weaker-than-expected results outlook and the implosion of an investor ... WebJul 26, 2024 · New York-listed stocks for Chinese education companies have also cratered. TAL Education (TAL) crashed some 70% in the United States on Friday, losing more than $9 billion. Gaotu dropped more than ...
Top Chinese education company laid off 60,000 people after
WebJan 11, 2024 · One of China's biggest providers of private educational services laid off 60,000 people last year, its founder said, following a crackdown on private tutoring. Yu Minhong, the founder and chairman of New Oriental Education, which provides after-school tutoring and sells books, said in a WeChat post on Saturday that the company's market … WebApr 5, 2024 · 10% of lawyers and staff members laid off at Silicon Valley-based law firm. Silicon Valley-based law firm Gunderson Dettmer Stough Villeneuve Franklin & Hachigian said in an internal memo Tuesday ... javascript roll screen to top
China’s private education firms are the latest targets of ... - CNN
WebJan 11, 2024 · News News: HONG KONG: China's largest private education provider, New Oriental Education laid off 60,000 employees last year after Beijing's crackdown. WebAug 7, 2024 · (Bloomberg) -- China’s largest private education firms said they will stop providing classes taught by foreign-based tutors to students in the country, in response to a recent government directive aimed at rectifying the $100 billion sector. ... ByteDance Lays Off Hundreds After China’s Tutoring Crackdown. 51Talk, which previously thought ... WebChinese tech firms typically lay off underperformers at the end of the calendar year, but there appear to be far more job cuts this year, the South China Morning Post reported. low price computers at walmart