Nothing on the web about Meten's bankruptcy ...

Meten Group isn't a minuscule company and real belly-up would be certainly announced over the web.

Sorry to say, but they most likely kept yer Oct.'s pay with the ordinary, convenient lie ...

Maybe this:

https://eslwatch.info/en/china/3-review-china/china-school-black-list/54...

METEN / Review on "Meten English", Shenzhen, Guangdong

... Manager: Good afternoon everyone, hope everyone is good. We will start this meeting by talking about the new scoring system for Foreigner teachers and Chinese SA's. All teachers MUST keep an average score of "4.8", if you fall below 4.8 2 months then your contract will be terminated and you'll be released from Meten English with your Resident permit canceled and with 14 days to exit China. Any questions? ( The students will score you after every class.)

A teacher: Ohh, guys did you hear that, we're working in a real life video game now where if the students give us low scores we are terminated after 2 months. How is that fair to any of us? Why would any teacher come all the way to China, spend a lot of money on a new apartment and Z visa just to play a company game that is designed to intimidate teachers to try harder, this won't make teachers try harder, you're making us laugh, and your new scoring system will encourage us to work less rather then harder. No foreign teacher will accept this long term.

... more ...

chances are they want to get rid of you and don;t want to follow proper termination procedures.

And also sounds like they are trying to get out of paying you.

I suggest you get out of China as soon as you can and work in Korea, Japan or any other country that does not enjoy screwing foreingners over for sport.

No, I'm a good teacher and they weren't sacking me for cause.  The story was finally picked up by Chinese media.  Anyone else working for Meten, again, update your resumes:
https://edu.sina.com.cn/l/2022-11-11/doc-imqqsmrp5807413.shtml

there are so few people on this site these days that it is to all intents and purpose in terminal decline.

you can see from the dates of when posts/comments have been made over the last week/month how inactive the site is.

The chances that another Meten employee comes to this site is probable close to zero.

thanks for sharing the information about Meten - i doubt the news will merit any interest outside of China.

China is not a welcoming place for foreign workers these days  - the 'zero covid' policy is not one that would encourage anyone but the extremely desperate.

what has happened in Meten is very common, as is its' treatement of foreign employees.

you can be sure the top bosses have squirelled away the money somewhere by fleecing students and staff, and are cutting their losses to keep themselves safe from creditors.
No doubt they will emerge with another 'business' after a discrete interval only to 'rinse and repeat'.

As i said before, your best option is to leave as soon as you can, and find a job in a country that treats their foreign workers better than China does.
 

I will answer you question when, in redeeming my points I am garanteed a Ferrari instead of all the offer in store on echina. 

yes. Likeshuo and Meten are both bankrupt.

I've heard that some branches of Meten have gone tits up ... but not the overall status of the company.   It's all up in the air.

Meten English went out of business.  

I've been in China most of the last decade and I have never heard of this company.

When I am guaranteed a Ferrari when redeeming my points instead of the other options available on echina, then and only then will I be able to answer your question.