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Tal Education Group – XtremeCuztoms

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Category: Tal Education Group

First US-listed Chinese Education Group to Make Massive Lay Offs to Meet China’s Education Restrictions

December 30, 2021 admin

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Tal Education Group (NYSE: TAL), the first U.S.-listed Chinese technology education company, will shut down its subject-based off-campus training business and make massive layoffs to comply with Beijing’s “double reduction” policy by the end of this year. Tal Education Group is expected to lay off about 16,000 people and retain only 4,000 to start the…

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Category: Tal Education Group

First US-listed Chinese Education Group to Make Massive Lay Offs to Meet China’s Education Restrictions

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