The Super Rich: Start from when the family business is about to go bankrupt!

Chapter 14 WPG0014: Long-term mission: I hope my father will become successful!

When An Wuyang was communicating with Li Wenya, An Huchun looked at An Wuyang with some guilt.

An Wuyang took the initiative to speak, "Dad, I tell you these things just to tell you that I am grown up now and can make money on my own, so you don't have to feel too much pressure."

Li Wenya praised him, "I said before that my son would definitely make such a decision. Do you believe it now?"

"Ah?" An Wuyang deliberately made an exaggerated expression, "Dad doesn't believe me?"

An Huchun quickly laughed dryly.

"Old An, tell your son about the layoff compensation plan." Li Wenya changed the subject and reminded An Huchun.

"Has the layoff compensation plan been prepared?" An Wuyang asked.

An Huchun answered affirmatively, "The preliminary compensation plan has been prepared. I have decided to give all resigning employees 2N+2 compensation, and N is the average salary received in the past 12 months, not the minimum wage standard."

"In addition, the severance pay for management is twice their annual salary," An Huchun added.

An Wuyang looked at An Huchun in surprise, because such a compensation standard is definitely the ceiling of the ceiling!

Under normal circumstances, it would be very conscientious for an average company to provide N+1 severance pay.

When a foreign-invested enterprise withdrew its investment, it provided N+3 severance pay, which was even called malicious severance pay by some companies.

Now Anhuchun actually wants to offer a severance pay of 2N+2, and calculate it based on the average salary of the past 12 months. Isn't that the ceiling of the ceiling?
An Huchun looked at the surprised An Wuyang. He thought An Wuyang was unhappy, so he said quickly, "Wuyang, many people in our group have been with us all their lives. Those uncles and aunts have watched you grow up, and many of them have even held you in their arms. You..."

An Huchun seemed to want to say something but stopped himself.

An Wuyang took the initiative to speak, "Dad, what are you thinking? I don't mean to disagree."

"As long as you agree." An Huchun breathed a sigh of relief.

"This time, we, the An family, owe them. Many of them are now in their forties. After leaving us, it will be difficult for them to find a job in the future. That's why I want to compensate them more so that they don't have to worry about the future," An Huchun explained.

"Your father is a soft-hearted man!" Li Wenya said, seemingly complaining but actually supportingly.

"How much severance pay is needed?" An Wuyang asked.

"All employees in the new factory will be laid off. There are a total of 106 employees there; the headquarters should also be streamlined, and the estimated number of layoffs is 38 people," An Huchun explained in detail.

"The majority of the sales team will also be laid off, with only 50% retained at most, and a total of people will be laid off," An Huchun added.

"The person who currently receives the highest severance pay is Li Ping, a technical engineer at the new plant. He has worked in our group for 32 years. His current annual salary is 36 yuan. With various bonuses and benefits, he can get an annual salary of 48 yuan, which averages out to 4 yuan a month," An Huchun listed the data.

"According to the severance pay standard of 2N+2, Mr. Li can receive 264 million in compensation." An Huchun explained the person who received the highest severance pay.

An Wuyang was shocked!
The severance pay is as high as more than two million?
this.
Even though An Wuyang had anticipated that some people's severance pay might be very high when he heard about the 2N+2 severance pay plan, the severance pay of more than two million still shocked An Wuyang.

An Huchun looked at An Wuyang's shocked expression and added, "Old Li's case is an exception. No one else has such a high score!"

"Dad, do you have a list of severance pay?" An Wuyang asked.

"I'll send it to you." An Huchun took out his mobile phone and sent the list of severance pay to An Wuyang.

An Wuyang first scrolled to the bottom of the list to check the total account.

The total number of layoffs this time is 194. The total number of employees in Wugengtian Pharmaceutical Group is only 272, and the layoff ratio has exceeded 71%!

The total amount of severance pay for these laid-off employees reached 1.36 million yuan, with an average severance pay of more than 70 yuan. Is this severance pay?

What charity philanthropist?

An Wuyang admitted that he was a little shaken, even though he had previously thought that he should support An Huchun, but when the severance pay of 1.36 million Xia Guoyuan was placed in front of him, he admitted that he was shaken!

"How much money is left in the group's account?" An Wuyang asked.

"Only less than 2000 million." Li Wenya responded.

"In addition to the severance pay, the group has a loan of 1.2 million that is about to expire, and the bank has made it clear that it will no longer provide extension services for us," Li Wenya added.

"In addition, the group has about 8000 million in commercial acceptance bills to pay, and nearly 6000 million in supplier payables that also need to be processed," Li Wenya added.

"Is our group so bad?" An Wuyang was stunned!

The family business had previously earned half a billion yuan a year, but in just a few years it had fallen into a vortex of debt.

Is this reasonable?

If it was his father who was working on innovative drug development, that would make perfect sense!

The research and development of innovative drugs has always been a high-risk, high-investment model. Even though artificial intelligence-assisted research has been introduced in recent years, the cost and time spent on innovative drug research remain high.

According to the latest report in 2021, the research success rate of innovative drugs is only about 7.9%, and only one out of 12 innovative drugs can be successfully launched on the market.

Secondly, the average R&D cost of each innovative drug is as high as US$20 billion, and the average R&D cycle is 6.9 years.

This high-risk and high-investment situation dragged down Wugengtian Pharmaceutical Group. It doesn’t seem like an unreasonable problem, right?
After all, Wugengtian Pharmaceutical Group only earned half a billion Xia Guoyuan in the previous year!

将创新药平均研发成本的20亿美元平摊到平均研发周期6.9年中，再将美元与夏国元的汇率定在1比7的比例上，创新药每一年的平均研发费用高达20亿夏国元。

Wugengtian Pharmaceutical Group only earns a mere 0.5 million Xia Guoyuan every year, and it really cannot withstand the hassle of developing innovative drugs.

……

'Ding! '

'Random choice: capitalist? philanthropist!'

'The kind-hearted rich second-generation failed in his business, but he still wanted to show his old friendship and offered a sky-high severance pay. His profligate nature is completely revealed!'

'Host's choice: Please freely decide whether to support the sky-high severance pay.'

'Choice Reward: Different rewards will be obtained based on the host's different choices.'

……

The Happy Life System displayed new prompt information in An Wuyang's mind, indicating that An Wuyang had triggered a new random choice.

To be honest, faced with the severance pay of up to 1.36 million Xia Guoyuan, there was a moment when An Wuyang really didn't want to pay the compensation.

Which capitalist can afford such a sky-high severance package?
But An Wuyang thought more deeply.
----

PS: Is An Huchun really stupid? Or do some people have problems with their thinking?
(End of this chapter)