According to media reports, Jinli’s headquarters has also started layoffs, and the layoff ratio is 50%. The layoff list was already counted before the Ching Ming Festival. On April 10th, the Shenzhen headquarters and the North Research Institute began to interview employees and issued compensation. Program.
Golden Cube confirmed this news for Sina Technology. It said that starting from yesterday, it communicated with some employees and negotiated the termination of the labor contract. However, if they fully respect the wishes of the employees and accept the 'N+1' compensation agreement, they will go through the formalities in the near future. , can continue to work on the post.
Earlier, there were rumors that Jinli Industrial Park would be dissolved. Jinli issued a statement saying that Jinli Industrial Park will retain about 50% of the employees' production in the future, while ODM manufacturers will also assist in the production of Jinli mobile phones, which will supply Jinli's orders both domestically and overseas. .
Jin Li also stated that the termination of the contract with employees is based on the principle of equality and voluntariness and is not a compulsion. At the same time, the compensation standard will strictly enforce the relevant provisions of the Labor Contract Law and compensate the retired employees in a 'n+1' manner. Signing the compensation agreement, the economic compensation payments will be paid in installments, and will be paid starting from the next month after the signing of the compensation agreement. The compensation will be paid monthly for 1 month, and the payment will be completed within the maximum period of 8 months.
At the end of last year, Jin Li was caught in rumors of suppliers’ arrears and capital chain tensions. In mid-January of this year, Sina Technology discovered that Jinli’s companies were involved in lawsuits filed by multiple suppliers in Shenzhen and Shanghai, and several of the companies held by Liu Lirong were The affiliate company’s shares were frozen by the court. There are also media reports that many small and medium-sized supply chain vendors have started to go to Jinli’s headquarters “indebted for debt” in early January 2018. Some manufacturers have said that the deadline for debts has reached more than half a year.
At the end of January this year, Liu Lirong responded to the matter in an interview with the Securities Times. For rumors of gambling debts, Liu Lirong responded that 'those are just market rumors'. He said that the main reasons for Jin Li’s emergence of capital chain issues were 2016 and 2017 Annual marketing expenses and investment costs exceed the limit.
Regarding the capital chain issue, Liu Lirong stated that Jinli will be resolved in three steps, firstly introducing partners to ensure production and sales; second, introducing strategic investors and replenishing funds; and thirdly, selling assets to repay debts and obtaining creditor support.
According to media reports, Jin Li’s employees in some departments have received notifications of internal restructuring and the company will reorganize in the near future. This stems from the fact that Jin Li has obtained a financing and the funds will be invested in the formation of the new company. However, which specific funder is The company is still unknown.