Late exclusive | several education companies will scale back their high school operations

"Late Finance" exclusively learned that after the official landing of high school subject training restrictions, the high school business department of Good Future's Xueersi Online School will be reduced by about 70%, and Ape Counseling has also recently closed a number of local counseling centers, and the original dozen centers are only 4 in Xi'an, Wuhan, Zhengzhou and Shenyang.

At least half of the high school's 5,000 employees will leave, and before the double reduction, the high school was the highest-paid business in the subject curriculum, according to a senior senior manager.

On February 8, the Ministry of Education announced the focus of work in 2022, mentioning that the subject training at the high school stage in various places will be strictly implemented with reference to the compulsory education stage, which means that the subjects at the high school stage cannot be taught in winter, summer and holidays, and the main body of the company needs to be converted to a non-profit, and shareholders can no longer participate in dividends.

This is the Ministry of Education once again with an official document to emphasize the implementation of high school discipline training with reference to compulsory education, the last time mentioned that "reference implementation" is in the "double subtraction" document, and then the penalties are concentrated in the compulsory education stage, many industry people believe that high school is to leave a buffer space for practitioners.

At the end of January 2021, Beijing interviewed a number of leading online education companies such as Ape Tutoring, Homework Help, Gaotu, and NetEase Youdao, asking them to stop selling winter vacation courses at the high school stage and refund tuition fees. This surprised some people in the company, and on the day of the interview, the high schools of several companies had just started.

Now, they have to lay off redundant high school staff. On February 7, the first day after the end of the Spring Festival, a number of high school tutors and sales of Xueersi Network School received a notice of layoffs, and 30% of the employees who remained would receive compensation for N (working years) months and transfer to non-profit institutions, while other employees had N+1 months of compensation and had to complete their resignation before the end of this month.

For some employees, being laid off at this point becomes a relief. On social networking sites, ape counseling employees posted that they were cut on the first day after the festival, and finally "as usual", and many comments under the dynamics were hoped to "dip into good luck".

The above high-level upper level said that as an old employee of the company, after half a year of double reduction, he still chose to leave, because he felt that "there are too many restrictions in the industry and too limited things can be done."

Education companies are also preparing to transform non-disciplinary areas, which will also usher in stricter regulation. The Ministry of Education's work this year highlights the need to "prevent new and barbaric growth" in non-disciplinary training. Many places have also introduced funding regulations for non-disciplinary training institutions.

A person from a publicly traded education company said that the company is also aware that literacy courses may be "unstable", and the next focus will be on publishing, hardware and MCN. (Chen Jing)