A music left the employee equity was | 'cleared' |

'This situation, let us feel very shocked', a still hold more music as the Department has left the core staff, to the China Household Grid Network reporter that he was notified in the hands of all the shares 'cleared' after Feeling.

'For why it was cleared, the company did not explain anything internally and did not have any written or e-mail notice just to be told verbally', the employee said reluctantly, legally speaking, this is unfair to most employees. 'We signed a formal agreement at that time.'

In recent years, LeTV from all walks of life dug up all kinds of talents under the command of revenue, but music as the funding period, can not give employees direct cash back, gave employees more company original shares issued. , You get more shares than some people.

'At the time of buying music as a controlling stake is 1 penny a share, almost zero-cost free to send', the staff recalled, when the agreement signed two sets at the same time, one is to sign with their own company, a set with the music as the controlling sign. Cash dividends, according to the cash point of time, which is high value, which honor.

If the music department staff to retain more faith in music, maintain their dreams, then in this equity 'zeroing' incident broke out, these employees' dreams completely shattered.

However, a lot of employees chose to stay behind due to the negative meltdown and fermentation, including the financial crisis of music, etc. Since 2017, some layoffs in the business line are also in the normal range. Why did these employees choose to stay behind? The above employees said: Although the music crisis and a lot of negative, but the music of the various branches, including music, video, film industry, sports and other business lines are still functioning, still sound, so there was no large-scale internal staff turnover , Director of the above high churn rate is still very low. We still have expectations of music.

The equity Zero 'zero' incident was exposed on the eve of the music department executives frequent reports of frequent departure.It is reported that this is directly related to equity events.These quit executives already know their equity has changed.

However, there are still some employees who are still staying behind. "People who stay behind may think that the future is still expansible. No ownership does not mean that there is no value gaining from the work at MTV," the staff said.

If you want to give this stake 'clear' incident to find a blame, Jiayue Ting can not be detached two years ago, Jiayue Ting had music, all employees of the company announced that it would like to come up with LeTV as 50% of the original total share capital for staff incentives , In order to realize the music everyone's shareholding plan.

Earlier this year, Sunac China became the second largest shareholder in LeTV's listing system with a market capitalization of Rmb15b at the beginning of this year and an important shareholder in LeTV Zhixin and LeTV. In this transaction, Sunac China Respectively, for the acquisition of a total of RMB29.23 million (accounted for 10.3964% of the total new registered capital of LeTV) and 44.17 million (of the total registered capital of LeTV of 15.7102%) held by LeTV and Xinle Assets respectively, Priced at 2.3 billion yuan and 2.6 billion yuan respectively, while Xinle Asset is actually a platform for the equity interests of the music-viewing staff, which has been doomed to no longer associate with the music-holding employees since the pledge.

'The development of the company and personal development are closely related to the company when the development is good, to share the development achievements of employees, the premise of full ownership of the company to the healthy development of the company is not well developed, nor is it a total of Jia alone Responsibility, everyone should bear the responsibility for development ', for the music, for Jiayue Ting, the above staff expressed the inner' conscience ', he just did not think any explanation and description, people are shocked, their rights and interests are undermined.

In the past couple of years, the outgoing employee was not without merit. In the end, he said: 'As a music lover, in recent years I have stepped into the entertainment industry and gone overseas, both tall and grounded. Done, very exercise people '.

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