Pearson in Practice cuts Adult Training Programme
9 January 2012
Around 500 jobs are at risk, primarily in Nottingham, Chester and Banbury, as the multination publishing and education group announced the closure of its apprenticeship business, Pearson in Practice.
The move by Pearson, which is owned by Penguin Books, is expected to cost £120m.
Pearson in Practice made £95m in June 2010 on the back of strong government support to increase the employability of young people.
However, under pressure to ensure these courses result in visible employment, the government has created stronger rules in recent years that force training providers to line up employers for after apprentices finish their courses.
Pearson’s talks with FE Colleges and other providers will include the discussion of the transfer of some Pearson in Practice assets. Following the conclusion of these discussions and an orderly wind-down period, Pearson intends to discontinue any activities retained by Pearson in Practice.
If Pearson is unsuccessful in transferring Pearson in Practice assets to other training providers, Pearson is proposing to close the business.
The company will continue to offer support to apprentices through its Work Based Learning division, both as a training provider and in awarding qualifications.
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