The wealthy entrepreneur: I want to support millions of employees!.

Chapter 1012 Complete Control! Dark Humor!
Upon hearing this, everyone present breathed a sigh of relief!

At least from the chairman's perspective, they've passed a crucial hurdle!

"However, regarding the resignation, we'll wait until you and your subordinates involved in the case have received the compensation!"

"Okay Chairman!"

"Ok!"

They had no objection to this.

"Also, you'll need to hold on for the next two to three months!" Su Yang tapped the table lightly. "You need to complete the handover and there are some other tasks!"

Seeing the hesitation on the faces of the executives present, Su Yang asked in confusion, "Once the handover is complete, you can resign. Is there a problem with that?"

"it is good!"

"can!"

"Chairman, we promise to stand guard until the very end!"

"..."

They will never forget that the evidence in Su Yang's hands is the sword of Damocles hanging over their heads!
Don't think that paying compensation to the company will exempt you from criminal liability!
You can still sue, at most you'll get a lighter sentence!

Su Yang nodded in satisfaction, put down the documents, and said with a smile, "Gentlemen, this is the first time I've felt that we are so united. Hearing your assurances, I feel that the company's future is bright!"

The group of executives looked embarrassed; it was quite a sight!

Yu Chengjun took notes while trying to suppress his laughter!
This meeting gave her a sense of dark humor!

At this point, almost all of them had already compensated the company, or had already compensated most of it, so Su Yang was no longer worried about them running away!
"Alright! It's decided then!" Su Yang said with a smile as he stood up. "We have a meeting this afternoon, so let's all take a break and then continue!"

In the afternoon, executives from Gaoxing Retail, Jiancheng Investment, and RT-Mart, including five regional managers, all arrived.

Currently, every department manager or deputy manager at Jiancheng Investment and Darun Supermarket has someone working for Su Yang!

Some of these people were transferred by Su Yang, while others were recruited from within the company!
There were also people recommended to Xiang Weixin and Xu Kaicheng. Su Yang had reviewed their information and accepted them if they were capable and had a certain level of morality.

There aren't many traditional supermarkets doing well now, and many are laying off employees. Jiancheng Investment offers decent benefits, and its location in Shanghai is quite attractive!
Some department leaders are already in trouble and will soon have to step down.

Taking this opportunity, Su Yang swept away more than 300 positions at the company headquarters!
Some were not implicated by senior executives, but the audit department found problems with them. Su Yang saw that they didn't have any outstanding abilities, or they were just relatives of senior executives, so he took the opportunity to sweep them away as well!

Su Yang was very satisfied with his actions!
In less than ten days, he had already generated over 600 million in revenue for the company!

He also eliminated more than 300 positions. In the case of normal layoffs, these employees would have an average monthly salary of 20,000 to 30,000 yuan, plus an average of seven years of service. This saved the company more than 40 million yuan in compensation!

No wonder all the big companies, no matter which one is having a tough time, like to fight corruption internally!
Of course, some of the employees he promoted also had problems.

But as long as the problem isn't serious and they have the ability, a warning is enough. Headquarters is in need of manpower right now, and he's not the kind of person who hates evil and can't tolerate any wrongdoing.

As long as someone is capable and can help the company do business well, he's somewhat tolerant. Just don't cross his bottom line!
After the warning, if they commit the offense again, Su Yang will not show any mercy and will deal with them severely.

These employees, after being reprimanded and then given more important roles, actually saw their loyalty soar!

Su Yang felt like they were itching for a beating, and he wouldn't feel at ease without giving them a good thrashing!

In addition, after this adjustment, the loyalty of Xiang Weixin, Xu Kaicheng and others has also increased significantly!
Looking at the senior executives in the office now, almost all of them are Su Yang's people!
At this moment, Su Yang's control over Jiancheng Investment headquarters has reached its peak!
"Let me talk about our recent business operations. Our focus remains on RT-Mart, which is our foundation!"

Su Yang began to chair the meeting, and the other executives also took it seriously!
Even Chang Jianfeng, Wu Herong, Jiao Jianbin, Zhang Shuming, and Chen Hai obediently took out their notebooks to take notes, looking like they were listening attentively!

What Su Yang found somewhat amusing was that some of them had actually become more loyal to the company!

The first issue is the closure of the store and the resettlement of employees. A preliminary plan has been developed for the closure. If employees cannot be resettled, they will be compensated according to the N+1 standard without being reassigned to other positions, or other methods will be used to force them to resign!

The monthly take-home pay for many ordinary employees at RT-Mart is only around three to four thousand yuan!
Because its parent company is a listed company, RT-Mart once had a glorious past, and almost all of its formal employees had five social insurances and one housing fund.

The salary is indeed quite low, but under the current circumstances, Su Yang can't raise employee salaries too much!
With 100,000 employees, if each employee's monthly salary is increased by 1,000, that's 100 million in expenses every month, and 1.2 billion in expenses every year.

Currently, RT-Mart's debt is close to 37 billion yuan, with a debt ratio of nearly 70%.

The company suffered a loss of over one billion yuan in the last fiscal year. After a large number of store closures and layoffs in the first half of the fiscal year, it barely managed to raise its half-year profit to nearly 2 million yuan.

Gaoxing Retail and Jiancheng Investment both invested in a lot of commercial properties in their early years, with these properties valued at 20 billion yuan. The company's loans were mainly secured by commercial properties.
For commercial property mortgage loans, if the property's valuation decreases, banks or financial institutions may require additional collateral... If additional collateral is not provided, the bank may withdraw the loan!

The major trends in real estate and commercial properties are now almost entirely clear.

The company must also take this risk into account!
You should know that if the company's cash flow dries up, its accounts are frozen, and it goes bankrupt, Su Yang might end up with nothing!

Don't be fooled by the fact that the debt ratio is less than 70%. If the company goes bankrupt and its assets are auctioned off, the property auction prices at half or even 30% of the original price can drive any boss crazy... just like the Tiancheng International Hotel he bought!
Therefore, he must be very careful when giving employees a raise.

But at least supermarket jobs don't have high requirements for employees.

Nearly 80 percent of the employees are women with limited education, and they are mostly middle-aged women living near the supermarket.

However, employees working at the supermarket are entitled to supermarket benefits.

This includes shopping discounts, clearance sales of near-expiry products, and unsold cooked food from the same day!
Some supermarkets have their own canteens, so what seems like a monthly take-home pay of three or four thousand may actually be 30% more!

In addition, the working environment is good, with air conditioning, and you don't have to be exposed to wind and rain. Most jobs require low physical strength and operate on a shift system, with morning shifts, afternoon shifts, and weekend shifts. If you need to switch shifts, it is more convenient for people who need to take care of their families!
Young people may look down on this type of work, thinking it is exploitation of labor.

However, for people with low levels of education, who are not proficient in operating computer equipment, have no technical skills, need to take care of their families, are middle-aged and have difficulty finding jobs, and do not have high physical fitness, it is still acceptable!

However, raising salaries needs to be done carefully, but Su Yang can still manage to compensate the employees of the closed stores!
After all, providing appropriate compensation after layoffs is also a way to win back the hearts of employees in other stores!

"When you're choosing a location for your store, you also need to get my approval!" Seeing the confusion on the faces of the executives, Su Yang explained, "I have a lot of experience in store location selection. I've chosen all the locations for our Jiuxiang Catering stores. Although restaurants are different from supermarkets, there are some similarities!"

"Good boss!"

Jiuxiang Catering is now a well-known brand in China, and everyone knows it is a business owned by Su Yang Company!
In addition, Su Yang now has absolute authority at the company headquarters, so no one can go against the boss!
(End of this chapter)