News today that A4e has sold its business in India to a local company, Skills Academy. A4e was providing skills training and "placements" mainly in rural areas. I don't know when A4e's own website was last updated, but they say that have been working in India for over 3 years and talk in the future tense about the contract they will be delivering, having signed it in January 2012.
What's the significance of this? There was a time, not so long ago, when A4e boasted of operating in eleven countries. Now, the only overseas business is in Australia. Are they shrinking sensibly, having spread the business too thinly? Or is this a sign of continuing financial problems?