New Oriental Education & Technology Group Inc., one of the largest after-school tutoring companies in China, let go of 60,000 staff in 2021 after a drasticThe company also incurred nearly 20 billion yuan, the equivalent of $3.
1 billion, of expenses, company founder and Chairman Michael Yu said in a Saturday post on a personal social-media account. The costs covered returning prepaid tuition, severance payments and breaking leases on existing teaching space.
How can this kind of scandal, typical of what one can find in a capitalist and free society occur in a communist and totalitarian society?
CarlMinzner The CCP in China is a joke and people pay for the punchline.
It makes American investors China dream broken.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ford's e-scooter company Spin is leaving markets and laying off staff | EngadgetFord's e-scooter company Spin is leaving markets and laying off staff About time.
Source: engadget - 🏆 276. / 63 Read more »
The top 20 companies on a hiring spree for remote workers this year2022 is kicking off with as tight of a job market as ever, and workers are looking for jobs with more flexibility. MakeIt There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about nichelle_90 it has been a pleasure collaborating with you...there is no other way I can show my appreciation other than tweeting the good deed you have done. MakeIt So glad remote work is now prevalent. Great flexibility and work life balance for people. No commute time and lower office costs mean productivity gain. Check our vids. LikeShareFollow MakeIt Thanks you for the great review that we had the other day. You made it easier for me to understand MichaelWeldon_ $43k earned🙌
Source: CNBC - 🏆 12. / 72 Read more »
These Two “Three’s Company” Stars Didn’t Speak for 30 Years — Best LifeJoyce DeWitt and Suzanne Somers didn't speak for 30 years afters Somers left 'Three's Company.' Here's what happened and why they made up.
Source: BestLifeOnline - 🏆 533. / 51 Read more »