Even Tengying Group, which has an excellent reputation in the market.
In mid-October 2018, a huge wave of headquarter layoffs began.
You can imagine the other big companies.
If anyone can talk about layoffs in a unique way, it has to be Teacher Ma.
According to him, it is to send outstanding Ali talents to the whole society.
Layoffs are layoffs, which is an unspeakable thing for those who are laid off.
No matter how big the storm is outside, Chen Pingsheng will not distort the facts in his external explanation.
Publicly admit that the operating conditions in recent years have not been ideal.
Whether you are running a business or a person, you must be good at introspection.
Of course, with the arrival of big changes in real estate.
Both traditional industries and the Internet economy are suffering worse from year to year under this impact.
The good ones are only a very small part. The rise of Tengyou Media is enough to offset all the losses of companies such as Bobo Milk Tea, Tengying Entertainment, and Feiyangyang.
This is the benefit of a comprehensive super-large group.
This project failed, and those projects rose again.
In order to better cope with the times, Tengying Group has made three major adjustments.
One was the earliest one to shrink funds, reduce investment, and build high walls to collect grain.
The second time was to launch a restructuring involving the subversion of power in all its stores, changing the previous top-down power structure.
Change from bottom to top.
Delegate the management's choice from the leadership to the employees' spontaneous decision.
Facts have proved that the effect of this step is still very good.
This step alone can completely improve the operating conditions of the entire group's stores.
As for the third step, that is the current step.
Kick off the iron bench of CEO and change to a rotation system.
The CEO of major companies is determined by a joint vote of the board of directors, including the lower-level management.
The biggest advantage of doing this is to prevent the company from directly dying due to inappropriate people in charge.
In addition, almost a quarter of the middle and senior management at the headquarters have been cut.
Such a large-scale wave of layoffs has once again intensified the discussion about the mid-life crisis in the entire Magic City.
How about talking about state-owned enterprises?
Private enterprises are completely market economies and competition is fierce.
In order to maintain the vitality of the enterprise, it is normal to have a wave of layoffs in the next few years.
When the wave of layoffs came, the entire group was in turmoil.
Whether it is the management or lower-level employees, the most asked question in the past few days is who will be laid off.
Under such circumstances, everyone spontaneously started working overtime.
I originally got off work on time at five o'clock, but at nine o'clock in the evening, not many people were willing to leave.
As long as the optimization list does not appear, no one dares to relax at this time.
On one side is the prosperity of the city, on the other side is the hardship of working as a worker.
Amid the wave of layoffs, there are still countless people who are burdened with mortgage loans, five social insurances, one housing fund, and the shackles of their children’s education.
I even have to bear the medical bills of my elderly parents and various other burdens.
When they reach middle age, a good job means not only income, but also family stability and children's education.
My wife’s ardent hope, and my parents’ pride, etc.
As for the consequences of losing this job, middle-aged people really can’t imagine it.
So, even if no one says they want to work overtime, no one dares to leave before others.
This is middle age.
Middle age full of helplessness and sadness.
On October 21, an improved version of the layoff video taken by employees was uploaded to the intranet.
It was spontaneously shot by several employees who like music, and the lyrics were improved to express the hardship and sadness of employees under the wave of layoffs. "Are you like me who was worried about layoffs and stayed at your post working overtime.
Are you like me who couldn't let go of the shackles of five insurances and one housing fund even if I took the blame every day? .
Are you like me who daydream about being able to live without looking at the boss’s face?
Are you like me who only shrink back and should break the silence in the face of injustice? br>
Your future is not a dream, you live every minute seriously, your future is not a dream, and your persistence will not fail. ”
It was originally just a video that was widely circulated internally, but it was uploaded to the Internet.
It subsequently sparked heated discussions.
It even became a controversial video .
No matter the employees’ sadness and tears, when the optimization list is handed to their work desks
This meant that they left Tengying Group and the harbor that had always sheltered them from wind and rain.
Chen Pingsheng officially changed the originally planned N+3 compensation plan to N+8 at the top level of the group.
This can be regarded as the most decent compensation plan that a big boss like him can provide for these resigned employees.
Over 8,000 employees were laid off during the group’s optimization.
Involving four major group headquarters including the Magic City headquarters, the Beijing headquarters, the Xiangjiang headquarters, and the Guangdong headquarters.
It also involves the headquarters of major subsidiaries.
Company layoffs are like a cold machine, regardless of your previous dedication?
Everyone who receives the list must leave within three days.
Some people cried, some were unwilling, and some even shouted silently.
Why was he still laid off despite working so hard?
There aren't many reasons. I can only say that more than 80% of them should have been laid off, and the other 20% might have been unjustly laid off.
This injustice often involves some human nature.
No large company can guarantee that employees will 100% leave the company during a wave of layoffs.
It is also possible that he did perform well, but because he offended someone, he appeared on the list of being laid off.
As the chairman of the group, Chen Pingsheng cannot take into account the fairness of everyone.
He can only ensure that the occurrence of such incidents is reduced to the greatest extent possible.
After all, Tengying is so big now, there are about 40,000 people in the group headquarters alone.
This does not include those affiliated companies of Tengfei New Energy.
If all the employees in its stores were added up, the number of employees would exceed 600,000.
For such a large comprehensive group, the headquarters has laid off more than 8,000 employees. It can be said that it cannot even afford a splash.
After the layoff list is finalized and concluded, all that remains is to re-recruit.
And start a new round of rotating CEO voting meeting.
Chu Qiuyan was the first to step down from the position of CEO of Bobo Milk Tea. Her replacement was Mo Bosheng, the vice president of the milk tea business unit.
At only thirty-four years old, he has always been very convincing and courageous in his past decisions.
As for Chu Qiuyan personally, she was officially transferred to the Dream Fund as the vice president.
The CEO of Xin Teng Live has also been changed from Chang Fu to Xin Youzhi, who has maintained the number one spot on Xin Teng Live’s delivery list for a long time.
Chang Fu passed the resolution of the board of directors and took over as the executive CEO of Tengying Entertainment.
Bai Xin takes over as vice president.
Yang Qian was not moved, and Shen Congjun, CEO of Tenghui Department Store, was replaced by Vice President Zhang Guangbei.
Shen Congjun was transferred to Tengyou Media and took charge of the position of director of the global channel department.
In the next few years, Tengyou Media will definitely vigorously develop Internet celebrities to bring goods. It is obviously the most suitable to transfer him to be responsible for the product selection channels of the entire group.
Secretary Zhang Wanyi takes over as the first CEO of Tengyou Media.
Many of the vice presidents below have completed some exchanges with Xin Teng Live.
As for Boiling Sheep, Snack Run, Guar Seed Used Cars, etc., some adjustments have been made.
After completing this huge personnel adjustment, I am afraid there will be no major changes in the next few years.
(End of this chapter)