Korean Job Discussion Forums

riverboy · Joined: 03 Jun 2003 Location: Incheon

I head from a very credible source that Wonderland(the entire franchise), is Bankrupt! Is it simply a rumor, or is it a fact?

chronicpride · Joined: 16 Jan 2003

The head office that grants franchise licenses? or the 110+ individually owned and operated Wonderlands throughout Korea?

I find it a bit hard to believe that each independent owner of a Wonderland school simultaneously lost their shirts. That's like saying Subway went bankrupt and are closing all their stores.

ratslash · Joined: 08 May 2003

if they are it owujld be good riddance to bad rubbish.

shawner88 · Joined: 01 Feb 2003

How the hell could a company like that go bankrupt when all they do is collect a perentage.

Then again I could never understand how McDonald's could lose money as they did last year.

wylde · Joined: 14 Apr 2003

the head office could go... its happened before

rapier · Joined: 16 Feb 2003

Woderland going down? obviously a bad rep catches up with you eventually....

TheUrbanMyth · Joined: 28 Jan 2003 Location: Retired

riverboy · Joined: 03 Jun 2003 Location: Incheon

I teach at a hogwan in Incheon a couple of days a week and I was discussing Wonderland cirriculum with the owner of that hogwan and he told me he said he was certain. The guy is pretty straight up. He said he reason why was that they spent too much money on thier facilities which is right. The school I used to work a is all about image first. They haven't got a clue about education.

Derrek · Joined: 15 Jan 2003

The Wonderland name is so well-known in Korea. It seems to have a good reputation with Koreans, but an awful one with us teachers.

Anyway, the economy in Korea is so crappy right now, it wouldn't surprise me. Who knows what those guys at the head office were doing with money. Sometimes people spend past their means.

Could all be rumor too.

I'm back home in the USA now for Christmas, and the economy here is starting to take off. I wonder if Korea will follow suit?

Somehow, I doubt it. I also wonder what the new excuse for Koreans will be as the US economy improves, and theirs stays in the crapper.

Who will they blame then?

Ilsanman · Joined: 15 Aug 2003 Location: Bucheon, Korea

Why not blame Canada? It seems to be the thing to do these days when you have a problem, and the government is too spineless to do anything.

crazylemongirl · Joined: 23 Mar 2003 Location: almost there...

well gimpo wonderland is advertising for teachers at present.
conditions are

Ilsanman · Joined: 15 Aug 2003 Location: Bucheon, Korea

I think the severance is law. Actually I am quite sure it is. The plane ticket isn't, but they won't be able to find a non-nigerian teacher for that wage.

crazylemongirl · Joined: 23 Mar 2003 Location: almost there...

I realise the severance is the law the plane ticket isn't but it wouldn't be below some hogwons to try and dodge paying the severance. The airfare is a sweetner to get us lot over here.

clg

prairieboy · Joined: 14 Sep 2003 Location: The batcave.

It's clearly an ad for a new comer. Someone who's not at all familiar with the laws in Korea. Much as I was and much as others were and will be.

In my opinion, it's just to snag a new comer who doesn't do any research.

My sympathies go to the poor schmuck who does sign a contract like that.

Cheers

Ooops. I just read the last part about wanting someone in Korea already. I guess they are hoping that the charm of the place wins out and no one will be too upset with losing out on a million won.

riverboy · Joined: 03 Jun 2003 Location: Incheon

I had the same thing tried on mr at Eastern English. They figured I was broke and desperatly needed a job. I'm much better off as it is. I know that the Wonderland I worked at in Pupyong is shutting down thier kindy programe. I don't really care about the frnchise but I would sure love to see the screws put to the school I worked at the lying heartless bastards