After the release of the "policy" of double reduction, New Oriental Extracurricular Training Institutions will respond to the call of the state and stop operating the obligation of intra-discipline and off-campus training in the compulsory education stage.
As an industry giant, New Oriental was forced to enter the transformation stage and transform the discipline institutions in the compulsory education stage into quality education institutions. As a result, teachers trained outside the school face unemployment.
Yu Minhong, the founder of New Oriental Group, laid off more than 40,000 employees and donated 80,000 sets of desks and chairs with a valuation of more than 40 million yuan to rural children, unconditionally refunded all students, and paid salaries to employees one cent a lot.
Yu Minhong's decent exit can better reflect the big picture. Subsequently, in order to alleviate the economic pressure, he once put down his body to live stream goods.
With his surprising business thinking, he brought the knowledge he learned to the United States and taught Chinese to American children and Chinese students.
It is truly a legend of Chinese business. If Ziwei of the Qing Dynasty is still alive and shuttles to the present 2021. Knowing Dali, she should also applaud Yu Minhong's business feats.
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