New Oriental Education sacked 60,000 people after Beijing crackdown last year

Yu minhong – the billionaire founder of New Oriental Education – confirmed the massive reshuffle in an article on his WeChat account over the weekend, adding that the company has encountered “too many changes in 2021”. He blamed the layoffs on “politics, the pandemic and international relations.” Yu’s post makes …

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New Oriental Launches 60,000 Employees After China’s Education Crackdown, Founder Says

BEIJING, January 10 (Reuters) – The New Chinese Oriental 9901.HK laid off 60,000 employees and saw its operating income drop 80% after Beijing enforced sweeping new rules on the country’s private education industry that banned for-profit tutoring last year, according to its founder. Yu Minhong, who founded the company in …

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China’s largest education company cut 60,000 jobs after tutoring restrictions

(Bloomberg) – New Oriental Education & Technology Group Inc. laid off tens of thousands of employees last year, revealing the toll of China’s $ 100 billion out-of-school education industry upheaval. Yu Minhong, founder and chairman of the Chinese tutoring giant, revealed in a WeChat article over the weekend that the …

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Bright Scholar Education: Partial Notes Redemption – Form 6-K

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange“) assumes no responsibility for the contents of this advertisement, makes no representation as to its accuracy or completeness and expressly disclaims all liability for any loss resulting from or relying on …

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Wakefield branch of the National Education Union calls on government to prevent children from freezing in school

Schools are advised to keep windows open to reduce transmission of Covid. Teachers must open windows as a Covid precaution, despite falling temperatures as students return to school this week. The National Education Union (NEU) has called on the government to invest in more air purification units, which improve indoor …

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Education and Learning Analytics Software and Services Market Size Analysis 2021 by Major Key Players

New Jersey, United States, – The Global Education and Learning Analysis Software and Services Market report comprises an in-depth analysis that covers core regional trends, market dynamics, and provides the market size at the national level of the industry. of the market. Some major aspects considered during the research included …

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Karnataka: Caught off guard, education department scrambles to keep children engaged over next two weeks | Bangalore News

BENGALURU: The government’s sudden decision to close schools has left the education department struggling with ways to involve children over the next two weeks. As the department plans to restart Vidyagama and continue with midday meals, approvals and program roll-out will take time, leaving children without activities for the next …

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Vice President Says New Education Policy Follow Gandhi’s Nai Talim

Vice President Venkaiah Naidu said on Tuesday that the New Education Policy (NEP) follows Mahatma Gandhi’s “Nai Talim” (New Education) by giving importance to the mother tongue as the language of instruction at school level. . Addressing the Silver Jubilee celebrations of the Mahatma Gandhi International Hindi University in Wardha, …

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Hong Kong Students Union Facing ‘Chained’ Role on Campus

Staff and students fear that plans to force the Chinese University of Hong Kong’s (CUHK) student union to pledge to obey the law will mean a “shackled” role in campus life for them as There is growing concern about the influence of the Chinese government on Hong Kong. campus. In …

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China Kepei Education Group (HKG: 1890) profits declined during the year, contributing to the loss of 39% of shareholders

Investors can get closer to the average market return by purchasing an index fund. When you buy individual stocks, you may realize higher profits, but you also run the risk of underperformance. For example, the China Kepei Education Group Limited (HKG: 1890) the stock price has fallen 41% in the …

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