Rosetta Stone to Restructure Asian Operations

Rosetta Stone

today announced that it is taking actions to right-size its operations in Japan and Korea.  The company plans to shift to a partner model to continue serving the Japanese market and this will result in the closing of the Rosetta Stone office in Japan.  Rosetta Stone will also be streamlining its operations in Korea with operations now focused more directly on further scaling the Proctor Assisted Learning ("PAL") channel.  In conjunction with the reduction in Asian-based operations, Rosetta Stone also announced that Pragnesh Shah, President of Global Consumer, will be leaving the company by March 31, 2014.  During this period, Shah will lead the restructuring actions in Korea and Japan.