A soft-waisted educated youth has sex with a loyal dog and a rough guy in the 1960s

Chapter 941: Beijing North Factory Bankruptcy
Now that he had returned from Tianjin, Lu Miao temporarily put aside the things at hand and followed him into the house, holding the passbook:
"How is it? Have you come up with the rules this time?"

"Ah."

Fu Jingyou spoke in a heavy tone. After taking off his Zhongshan suit and hanging it on the door, he sat down on the kang, feeling exhausted.

Lu Miao put the passbook into the cabinet and considerately poured him some water:

"How to say?"

Fu Jingyou struggled to lower his eyebrows, seeming to be dissatisfied with the result. He took the cup and drank two sips of water. After a while, he spoke:
"It seems that the higher-ups are giving up on the factory in northern Beijing."

"Give up? Then what are you going to do?"

Fu Jingyou took her hand, put it on his lap, and continued:
"This is not the final result yet. This is just my guess. The director-general wants to transfer me to Jinmen Dachang and have someone else take over here."

Lu Miao's brows tightened and he asked:

"Will you be transferred to a large factory as the factory director? If not, wouldn't that be a disguised demotion for you?"

Fu Jingyou patted her hands and comforted her:
"It's just that the job title has been downgraded, but the administrative level and benefits remain the same as before."

Lu Miao puffed up his lips and asked unhappily:
"So you are the deputy director now?"

Fu Jingyou shook his head.

"what?"

Lu Miao raised his hand in surprise, and then the scene suddenly became more intense:

"Lower than the deputy factory director?!"

Fu Jingyou pulled her back, held her in his arms and coaxed her:
"Do you dislike me?"

Lu Miao raised her head and gave him a cold look, then turned away with a coquettish snort and leaned in his arms without saying a word.

His administrative position was retained, his benefits remained the same, and he was earning the same amount of money, so what could she complain about him for?
It's just that I have some concerns... If I were to live at home and move to Tianjin for work, it would take more than two hours to drive there.

It takes four or five hours to go back and forth.

I spend the whole day on the road.

Besides, if I’m transferred there, I’ll have to adapt to the working environment again, and I don’t know if my colleagues are easy to get along with.

Lu Miao thought to himself and complained aloud:

"Your headquarters is really weird. People are doing well here, why do you have to transfer them over there? Don't you mind the hassle?"

Fu Jingyou took her hand and put it close to his lips, explaining:
"It's always like this when implementing a new policy. There will always be a difficult road ahead, but things will get better slowly."

Under the planned economic system, all means of production belong to the state and collective ownership.

The operation of the factory and the upgrading of equipment also rely mainly on state financial grants.

Now the new policy is transforming towards a market economy. Although the factories' right to operate independently has been gradually relaxed, the state's financial support for enterprises is also gradually decreasing.

In addition, due to redundant staff and low work efficiency, state-owned factories are also responsible for the welfare benefits of their employees, such as pensions and medical care.

Many large factories could not bear the sudden interruption of capital supply, and some of them had already arranged for workers to retire or wait for their jobs.

If this is the case for big factories, what about factories like those in northern Beijing?
After the previous corruption incident, the factory had been devastated and in debt. Fu Jingyou came up with a lighter business and was able to barely survive.

If this happens now, they can declare bankruptcy directly.

The General Administration's arrangement for the meeting during this period can be considered to be quite favorable towards Fu Jingyou.

Otherwise, even though he is a cadre, he would probably have to enjoy retirement benefits in advance like those retired employees who were persuaded to do so.