Friday, 24 March, 2023

After a week of filing bankruptcy, ed-tech firm Lido Learning makes final settlement offer

<p>Lido Learning&rsquo;s teaching employees and administrative staff received the final settlement offer, a week after the ed-tech firm filed bankruptcy. The company has promised to pay 50-75% of the dues it owes, and around 75% of the employees have accepted this settlement offer. However, the workers, some of whom haven&rsquo;t received their pay in months are sceptical they will be paid. Lido had initially sought a merger, but filed for bankruptcy in the first week of September.</p>