GEOS bankrupt

April 21, 2010
By Ken Worsley

Those following the English language teaching industry in Japan won’t be surprised to learn that language school operator GEOS filed for bankruptcy today (The link is to a Yahoo News writeup. The Nikkei has a story in English as well, but they don’t want traffic coming from blogs).

Social Bookmarks:

Related Posts:
Friday the 14th: Will NOVA Pay?
Economic Reports: Wholesale Prices and Corporate Bankruptcies Up in May
Core machinery orders at record lows, bankruptcies still soaring
More trouble and bankruptcies in the real estate market; Renovated condos more appealing to buyers?
August bankruptcies up 4.2%, construction and real estate hit hard again

2 Responses to “GEOS bankrupt”

UC on April 22nd, 2010 2:45 am

GEOS schools are horrible! One of the worst run companies around, so no surprise. The school managers are incompetent fools.

Bye, bye, GEOS.
Adamu on April 22nd, 2010 6:58 am

There were some pretty funny reactions around the media.

The Nikkei found a guy who was supposed to interview for a job there on the very day of the bankruptcy.

NHK interviewed students, which seemed to be exclusively composed of ossan with thick facial hair.

G Communication will probably quietly downsize Geos even further. I wonder if this will bring the eikaiwa supply more closely in line with demand?

Got something to say?

Social Media