It is learnt that Jinli Industrial Park will retain about 50% of its employees to continue production to ensure the normal operation of the production line. At the same time, there are also ODM manufacturers to assist in the production of Jinli mobile phones, which will supply Jinli's orders both domestically and overseas.
According to media reports, Jinli’s headquarters will lay off 50% of the staff after the Jinli Industrial Park layoffs by 50%. The main personnel left behind are Jinli’s key players and key management personnel.
According to the Sina science and technology report, Jinli confirmed the news and said that it would compensate the employee by N+1.
Jin Li stated that the termination of the contract with employees is based on the principle of equality and voluntariness, 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' way and sign the same with the employees. The compensation agreement, the payment of economic compensation payments in installments, will be paid starting from the next month after the signing of the compensation agreement, and will be paid in a monthly payment of 1 month of compensation, which will be paid within 8 months.
At the end of last year, Jinli heard rumors of suppliers’ arrears and capital chain tensions. In mid-January of 2018, Jinli Company was involved in lawsuits filed by several suppliers in Shenzhen and Shanghai, and Chairman Liu Lirong held several Jinli companies. The shares of the company and the related company were frozen in court.
Previously, Jin Li’s official issued a statement that layoffs were one of Jin Li’s series of measures for self-rescue. The company’s board of directors and management team are full of confidence in Jin Li’s restructuring. I urge you to spend more time on this difficult time.