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Chinese edtech company New Oriental fired 60,000 workers in 2021 after revenue fell 80%, the biggest layoffs disclosed since China began its tech crackdown

chinese oriental zhengbloomberg

chinese oriental zhengbloomberg

Chinese edtech company New Oriental fired 60,000 workers in 2021 after revenue fell 80%, the biggest layoffs disclosed since China began its tech crackdown  —  – New Oriental saw an 80% slump in sales, chairman says  — It fell victim to far-ranging curbs on after-school education
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