Chinese education group New Oriental fires 60,000 workers
中国教培集团新东方裁员6万人
教培企业新东方(New Oriental)创始人俞敏洪表示，该公司解雇了6万名员工，裁员60%。公司市值损失达90%。
Chinese online tutoring company New Oriental has fired 60,000 employees since Beijing banned the $100bn-a-year private education industry from making a profit, the group’s founder has said.
Yu Minhong, chair of the New York-listed company, said it had laid off about 60 per cent of its workforce in the wake of the ban but “with everyone’s hard work, the company managed to survive and preserve some strength”.
New Oriental has lost 90 per cent of its market value.
