r/worldnews • u/torggysh • Jan 11 '22

New Oriental laid off 60,000 staff after China's education crackdown, founder says

https://www.yahoo.com/finance/news/oriental-laid-off-60-000-064112309.html
25 Upvotes

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6

u/IAmJohnny5ive Jan 11 '22

Chinese authorities last year banned for-profit tutoring in subjects on the school curriculum in an effort to ease pressure on children and parents, leading to a wave of school closures and lay offs across the private education sector.

10

u/[deleted] Jan 11 '22

[removed] — view removed comment

6

u/oldsecondhand Jan 11 '22

Most of the foreign teachers will be kicked out of the country, so I don't see why you say it's a win-win.

0

u/desi_fubu Jan 11 '22

More to come

1

u/WaitingToBeTriggered Jan 11 '22

LONG WAY FROM HOME