Liu Qiangdong attacked the phenomenon of "lying flat"!
"No struggle, no brother"
According to the Securities Times, the entire Jingdong senior management is reflecting on the management mistakes in the past few years, Acknowledging that JD Group has a "big enterprise disease" in its system, even more than "state-owned enterprises return state-owned enterprises", There are serious problems in management.
The reporter confirmed to JD insiders that Liu Qiangdong, the founder of JD, said frankly at a recent management meeting: "Those who have long performed poorly and never worked hard are not my brothers."
An insider said: "The management is really reflecting on JD's loose management model in the past few years, which has led to the company's slow development in the fierce competitive environment, performance development not meeting expectations, serious problems in the corporate culture of the main business sectors, and the long-term downturn in stock prices. Therefore, a stricter attendance system has been introduced."
JD clocked 14000 people every month, and charged 15 yuan each time
Recently, news about Jingdong's strict attendance check has been kept.
It is reported that JD has a lunch break of up to 2 hours, and can even turn off the lights to sleep. Compared with other Internet companies, JD has many employees who start work at 2:30 in the afternoon; There are even employees who clock in for nearly 100 days a year and leave work at 4:00 every day, still receiving full salary. According to statistics, JD's internal agents clocked in as many as 14000 times a month.
According to the report of Red Star Capital Bureau, JD employees can clock in on the JD ME software inside JD. They need to log in to the software in the office to clock in. Both mobile and computer terminals can clock in. An employee of JD speculated that the operation of punch in may be that the punch in agent logs in the account with the office equipment, or the punch in agent goes directly to the punch in station and uses his own equipment to help punch in. 15 yuan will be charged for each time, and one person can clock for 20 people.
Therefore, JD recently began to adjust its lunch break rules and began to strictly check attendance. Requirements of new regulations——
Count the number of work stations at 9:00 every morning. If the shuttle bus is late, a certificate shall be submitted;
The lunch break shall be shortened to 1 hour, and the lights shall not be turned off between 12:00 and 13:00;
It is strictly prohibited to punch cards on behalf of others, and relevant personnel will be severely punished once found;
In order to assess the job saturation of employees, employees who leave work at 18:00 in the evening need to accept the job saturation consideration;
All non working WeChat groups were disbanded.
It is understood that at the end of last year, Liu Qiangdong expressed serious dissatisfaction with JD's management. First, the overall organizational efficiency; second, the group's strategy was out of focus.
It is worth noting that the eight new attendance regulations circulated on the Internet, including encouraging employees to report the phenomenon of not engaging in work around them, Jingdong denied that the rumor had been reported to the police and the public security organs had begun to file a case for investigation.
Figure/Red Star Capital Bureau, provided by respondents Is the enhanced clocking mechanism a disguised form of layoff?
According to the reporter of Securities Times, JD does open employees who have serious clocking phenomenon, as well as employees who have poor long-term performance but are unwilling to work hard and still have no performance improvement.
Some employees who were laid off said that JD actually made layoffs in disguised form through strict attendance system. Some former employees of JD said that, Most of the old employees were laid off this time, It involves many posts such as marketing, operation, purchase and marketing, and the new student was fired because he touched the JD red line when speaking on the intranet.
BOE denied the statement of "layoff in disguised form" to Red Star Capital Bureau.
As of the closing of the US stock market on May 24, JD's share price was US $30.27 per share, with a total market capitalization of US $48.18 billion. In 2021, JD's share price reached as high as US $101 (previously restored), which is a relatively high price 70% decline 。
Figure/Wind Big Internet Firms Open up to "Big Company Sickness"
At about the same time, Ali's senior management also publicly stated that they wanted to deal with the "big company disease".
On the evening of May 23, Alibaba released its annual report for the fiscal year 2024. At the same time, Cai Chongxin and Wu Yongming, as the chairman and CEO of Alibaba Group, issued the first letter to shareholders jointly signed.
"Alibaba always pays attention to the future." Cai Chongxin and Wu Yongming wrote frankly in the shareholder letter that Alibaba has experienced continuous growth in the past 25 years, Some symptoms of "big company disease" also appeared, and they also expressed their determination to actively deal with "big company disease" and maintain entrepreneurship : "In the next 10 years, we will once again regard ourselves as a start-up, adhere to the original mission of 'Let the world have no difficult business', and continue to innovate in the spirit of entrepreneurship. We will uphold the long-term principle, choose for today, and invest for tomorrow."
Facing the future, Alibaba will continue to invest in two major areas: one is to accelerate the growth of core business, the other is to maintain the leadership of basic technology and innovation, including AI.
Source | Securities Times, Red Star Capital Bureau, 21st Century Economic Report (reporter: Dong Jingyi)
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