Rakuten reported on July 30
The head of education responded to the storm of layoffs and closures today, with specific 3 points:
1. According to the requirements of the latest national policies, the company adjusts the discipline and the young product team in accordance with the guidance of the national policy, and transforms and increases the quality education team, so that the company's development is more in line with the expectations of the country.
2. The main optimization is the low-grade project team, because these businesses do not meet the requirements of the national policy, and other product teams will adjust the compliance such as the teaching time in accordance with the national policy requirements, and also carry out normal teaching.
3. At present, the positions of teaching teachers, class teachers, curriculum consultants and other positions are in normal operation. The overall operating situation is stable and the financial position is stable.
It is reported that since March 2021, the education sector has continued to undergo significant adjustments, especially on July 24, the General Office of the CPC Central Committee and the General Office of the State Council issued the Opinions on Further Reducing the Homework Burden and Off-campus Training Burden of Students in the Compulsory Education Stage (that is, the "double reduction" policy), which systematically regulates the business type and operating hours of after-school remedial institutions.
The landing of this policy quickly caused repercussions in the education and training industry, and a number of education companies expressed their support for decision-making and deployment, and business adjustments will be carried out accordingly.
On July 29, a person close to the head of education broke the news that at the internal meeting of the head of education, Zhang Yi, the founder of the head education, clarified the company's next plan to the employees, "The company will make business adjustments according to the guidance of the new national education policy, and it will have to send off some business partners, and there will be pain." At the same time, we will also increase investment in quality education and seek more talents in quality education to join us in line with the expectations of the society. ”
After that, the head of education was adjusted internally. The head of education was listed on the New York Stock Exchange in early June 2021, when the total amount of funds raised was $41.7 million. This adjustment is less than 2 months after its listing.
However, there is no risk of failure of the head education for the time being. According to public information, the current cash flow of The Head Education exceeds 4 billion yuan. Overall, the company's cash flow is relatively healthy, and the overall operating situation is stable.
Zhang Yi also responded in the circle of friends a few days ago that there are even rumors that the head of the layoffs is because of the problem of funds, the existing business of the head will be guided by the policy to better healthy and orderly development, while strengthening the investment in quality education, had to send away some business partners, but also looking for more quality education talents to join, in line with the society's expectations for the boss.
"We are a listed company, the finances are all open, you can check, the funds are abundant and healthy." Zhang Yi said that it is not easy, at this time, do yourself well, really don't fall into the well again.
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Lei Di was founded by veteran media person Lei Jianping, if reprinted, please indicate the source.