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Boston-Based Charter School Firm Cuts 40 Jobs.

The Boston Globe (Boston, MA)

| June 26, 2001 | This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Scott S. Greenberger

Jun. 26--Advantage Schools Inc., a for-profit company that has stumbled educationally and financially in running more than a dozen charter schools nationwide, yesterday fired 40 of the 80 workers at its Boston headquarters.

The company also is facing trouble on another front: Disappointed by the latest scores on Texas's statewide test, the Advantage school in Dallas is soliciting proposals from other management companies. And the other three Advantage schools in that state may follow suit this week.

Advantage president Geoff Swett said the cuts won't compromise the company's educational mission. "We laid off people, good…

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