Allen Career Institute has slashed salaries for its faculty and administrative staff by 20-40%.
Barely two years after Kota saw a severe faculty poaching war, there is a 35-40% drop in the number of student enrolments this year.
Allen Career Institute, one of India's largest coaching centres, has slashed salaries for its 4,000-plus faculty and administrative staff, resulting in a 20-40% drop in their fixed pay.
This drastic measure comes amid a 35-40% slump in student enrolment, painting a grim picture for the once-booming coaching industry in Kota, Rajasthan, known for preparing students for competitive exams.
Kota's largest coaching centre, Allen, slashes salaries, student admission drops.
At the same time Physics Wallah is raising $150 Mn at $2.8 Bn Valuation
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