Jan 10, 2022
China education crackdown sees private-tutoring firm sack 60,000 employees
The founder of the New Oriental private-tutoring firm said the company's profits plunged by 80%, forcing him to lay off more than half its workforce.
NOEL CELIS/AFP via Getty Images
From the BBC World Service: That's more than half of all employees at New Oriental, one of China's biggest private-tutoring companies. It comes after Beijing implemented stricter rules on private education sector last summer as it tightens regulation in various industries. Plus, the Philippines is the latest Asian country to appeal to Indonesia to lift its ban on coal exports. And, people in rural Spain are campaigning for more investment and better infrastructure.
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