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Reasons Zenius Startup Closes After 20 Years of Operation in Indonesia

Reasons Zenius Startup Closes After 20 Years of Operation in Indonesia

Dream - Startup edutech Zenius announced a temporary closure, after operating for 20 years in Indonesia. Zenius management stated that the reason for the closure of the platform, which is already familiar to students, is because the company is facing operational issues.

"Zenius Tutup" translates to "Zenius Closed" in English.

"At the moment, Zenius is facing operational challenges, we are taking strategic steps to temporarily halt operations," wrote Zenius Management quoted from Liputan6.com, Thursday, January 4, 2023."

The translation of the given 'Bahasa' text to 'English' while preserving any html tags is as follows: "It is not mentioned how long Zenius will temporarily close its operations in Indonesia. The management also apologizes for the temporary closure of Zenius operations."

Alasan Startup Zenius Tutup Setelah 20 Tahun Beroperasi di Indonesia

"We sincerely apologize for any inconvenience that may arise for our users. Therefore, we apologize and express our gratitude to the users and partners for the trust that has been given," said Zenius Management."

The news of Zenius' closure operation started from the Instagram post @ecommurz, which contains a press statement from the company about the closure of the company.

Alasan Startup Zenius Tutup Setelah 20 Tahun Beroperasi di Indonesia

This news has also been widely reposted by netizens in X, especially those who have been involved with Zenius, whether they are former employees or netizens who have been helped by this online educational platform.

Alasan Startup Zenius Tutup Setelah 20 Tahun Beroperasi di Indonesia

As information, Zenius, which has been established since 2004, previously decided to lay off more than 200 employees in May 2022.

Alasan Startup Zenius Tutup Setelah 20 Tahun Beroperasi di Indonesia

At that time Zenius stated, employee layoffs were carried out because they were affected by the worst macroeconomic conditions in recent decades. At that time, 200 Zenius employees who were laid off would receive severance pay according to regulations.

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