G8 Education To Close 40 Childcare Centres
Australia's largest private child care operator will close up to 40 of its centres. One of Australia's largest childcare operators, G8 Education, announced plans to close dozens of its underperforming centres. Approximately 40 centres, representing nearly 10 percent of its locations, are earmarked for closure. Shadow Treasurer Tim Wilson described the move as a potential circuit breaker if state governments engage in formal negotiations. Premier Roger Cook has signed a Memorandum of Understanding to begin these negotiations. Almost 10 per cent of underperforming education centres are being earmarked for closure. The specific number of centres identified for closure is 40. The company cited falling enrolments and rising costs as contributing factors to the decision. The operator manages brands including Head Start, Jelly Beans, and Cool.
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Sources · 7 independent
“Australia's largest private child care operator will close up to 40 of its centres, citing a rise in costs, a collapse in occupancy rates and the fallout of reports of child safety incidents nationwide.”
“One of Australia's largest childcare operators has announced it will close dozens of centres. Up to 40 of G8 education's underperforming centres are being earmarked for closure almost 10 per cent.”
“education's underperforming centres are being earmarked for closure almost 10 per cent.”
“Australia's largest for-profit childcare operator is planning to shut about 40 centres, with the company partly blaming a fall in enrolments and rising costs.”
“and rising costs. G8 Education which runs Head Start, Jelly Beans, Cool.”
“G8 Education which runs Head Start, Jelly Beans, Cool. kids and kindy patch kids is yet to outline which centres it will shut.”
“Australia's largest for-profit child care operator is planning to shut down about 40 centres with the company partly blaming a fallen enrolments and rising costs.”
“Australia's largest private childcare operator will close up to 40 centres, citing a rise in costs, lower occupancy rates and child safety incidents.”
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