Foreign media said that Beijing Dongzheng was studying a round of large-scale layoffs up to 8percent.

category:Internet
 Foreign media said that Beijing Dongzheng was studying a round of large-scale layoffs up to 8percent.


Author: Li Dan

According to the media, the highest possible rate of layoffs is 8%, which is equivalent to more than 12,000 layoffs. After the news came out, Jingdong shares, which had risen more than 1.7% at the beginning of the market, reversed their gains, fell more than 1% at one time, and finally closed up less than 0.4%.

It was spring, but Jingdong entered an eventful autumn. First, three top executives left their jobs, then cancelled the base salary of couriers, and now there is news of planned layoffs.

According to Digital Media TheInformation, investors say that Jingdong is studying a round of large-scale layoffs, with a possible maximum of 8%, equivalent to more than 120,000 layoffs out of 150,000 employees. It is expected to affect the distribution and warehousing of Beijing headquarters and Beijing East Mall. The number of employees in some teams may be reduced by half.

After the news came out, Jingdong, which had risen by more than 1.7% in the beginning of the trading, reversed and fell to the lowest of $30.39, reaching the lowest level of $30.39 in the day of last Friday, and declined by 1.3%. After that, it gradually rebounded and eventually closed up 0.36%.

Last week, Lan Ye, Executive Vice President and Chief Public Affairs Officer of Jingdong resigned, the third senior executive to leave in nearly a month. In March this year, Longyu, the chief legal officer of Jingdong, and Zhang Chen, the chief technical officer, announced their resignations. The reasons given by Jingdong were personal and family reasons.

After hearing all-weather technology articles on Wall Street, Lanye was called Liu Qiangdongs heart and soul inside Beijing, and he was the longest-standing executive in the wave of airborne landings around 2012. Earlier this year, Jingdong announced that it would eliminate 10% of senior executives at or above the vice-president level within a year, after media estimates that senior executives at the level of Jingdong had estimated dozens to 100 people. But the successive departures of executives have aroused close attention from the outside world.

After the departure of the three top executives, some netizens recently reported on a social platform that Jingdong would cancel the base salary of its couriers, and increase the courier receipt task. The package would be included in the performance, directly affecting wages and incomes.

The news made the public outcry. In the past, Jingdong Express has been envied by the industry with a high proportion of five risks and one gold waiting. Liu Qiangdong also said in an interview with CCTV that it would be a disgrace if a company withheld five insurance and one gold from its employees at the expense of the brotherslife-saving money after the age of 60. Whats the point of this companys existence?

In response to the above news, Jingdong said, Due to the diversification of business models, the original salary structure has not adapted to the new model. Therefore, it is decided to pilot the conversion of base salary into more incentive business commission in some areas. In order to ensure a smooth transition, Jingdong has formulated a 4-6 month salary protection policy in various regions.

Some employees of Jingdong Logistics dont buy it. Some express delivery staff complain to all-weather technology: This is a disguised wage reduction. Also, the director of Jingdong Distribution Station disclosed that from the beginning of this year, the provident fund of Jingdong Express Service has been reduced from 12% to 7%, and new employees will no longer pay provident fund.

It is worth mentioning that although the base salary has been abolished, Jingdong has increased the Commission of package business. In the past, the percentage of express delivery staff in each package was 2 yuan + 2% of freight; after adjustment, it was 3 yuan + 5% of freight. Yang Daqing, a special researcher of China Logistics Society, believes that such adjustment will bring some negative effects in the short run, and if properly handled in Beijing and East, it may be conducive to the transformation to more competitive socialized logistics. At the beginning of this year, Jingdong once said that Jingdong Logistics will add 10,000 new employees in 2019, mainly recruiting front-line employees and grass-roots managers. At present, the total number of employees in Jingdong is about 180,000, of which 70% come from logistics and warehousing. At this time, canceling the base salary of couriers and reducing the provident fund may be one of the Countermeasures for Jingdong to alleviate the cost pressure. Source: Editor-in-Charge of Wall Street: Wang Fengzhi_NT2541

It is worth mentioning that although the base salary has been abolished, Jingdong has increased the Commission of package business. In the past, the percentage of express delivery staff in each package was 2 yuan + 2% of freight; after adjustment, it was 3 yuan + 5% of freight. Yang Daqing, a special researcher of China Logistics Society, believes that such adjustment will bring some negative effects in the short run, and if properly handled in Beijing and East, it may be conducive to the transformation to more competitive socialized logistics.

At the beginning of this year, Jingdong once said that Jingdong Logistics will add 10,000 new employees in 2019, mainly recruiting front-line employees and grass-roots managers. At present, the total number of employees in Jingdong is about 180,000, of which 70% come from logistics and warehousing. At this time, canceling the base salary of couriers and reducing the provident fund may be one of the Countermeasures for Jingdong to alleviate the cost pressure.