Tag: M & A
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Significant Staff Layoffs Affect K-12 Companies Amid Financial Strains
A recent EdWeek Market Brief survey shows that 43 percent of K-12 companies experienced layoffs in the last year, with more pronounced effects in larger organizations. The education sector is facing financial challenges due to funding reductions and enrollment declines, prompting necessary staff cutbacks. Despite this, many officials maintain a cautiously optimistic outlook on long-term…