Employee Archives

Li Auto Founder Releases Vehicle Launch Plan, Lower Year-End Award Triggers Controversy

Li Xiang, the founder of Chinese electric vehicle Li Auto, revealed the cost positioning of each model on Twitter-like Weibo on January 30. However, behind last year's growth in delivery volume, many employees were disappointed about their year-end bonuses.

Huawei’s 2022 Dividends Exceed Employee Expectations

Huawei's dividend plan for 2022 emerged on January 14 within the tech giant's internal forum, showing that they are expected to be 1.61 yuan ($0.24) per share, an increase from 1.58 yuan last year.

Electronics Firm GOME Delays Employee Wages, Seeks New Financing

Huang Xiuhong, the chairman of Beijing-based electronics retailer GOME Holdings, said recently that until the end of December, the company will only provide social security to its employees, and it will not pay wages.

Tesla China Sues Former Employee For Infringing Trade Secrets

The dispute between Tesla Shanghai and a former employee over the infringement of trade secrets will be held in Yangpu District People's Court of Shanghai on December 14. This case is the first case involving the infringement of Tesla China's trade secrets in the country.

ByteDance Starts Stock Option Buyback at $155 Per Share, 9% Higher Than Last Round

According to an internal ByteDance email on October 12, the company has started a new round of stock option buybacks at a price of $155 per share, which is about 9% higher than the previous round of buybacks.

Tesla China Refuses to Hire Former XPeng Staff, Perhaps Due to Trade Secret Disputes

A topic reading "Why Tesla [China] refused job applications from former employees of XPeng Motors" on a Chinese Quora-like Q&A platform recently triggered heated online discussion.

ByteDance Lowers Stock Option Offering Price to $155 Per Share

ByteDance, the parent of short-video platform TikTok, is planning to lower the price of its stock options to $155 per share to enhance the benefit space of employees and allow them to share in the growth value of the company.

Xpeng Motors Responds to Termination of Fresh Graduate Job Offers

Chinese electric vehicle firm XPeng Motors was recently found to have broken hiring contracts with 20 fresh graduates. The company responded to the matter on Friday.

28-Year-Old ByteDance Employee Dies Suddenly

On Tuesday, a post titled "the sudden death of a 28-year-old employee at ByteDance" was widely spread on Maimai. ByteDance confirmed later that the employee unfortunately passed away at 13:43 on February 23.

LinkedIn China Looks Forward to 3.0 Era

Lu Jian, Vice President of LinkedIn Global and President of LinkedIn China, described the reasons behind the company's strategic adjustment and its future on Wednesday.

Huawei to Distribute Dividends to Employees at $0.25 Per Share

Chinese tech giant Huawei has reportedly announced its stock dividend data for 2021 at the end of January, showing an estimated 1.58 yuan ($0.25) per share.

Tencent Awards Shares Worth HK$166,000 to Over 20,000 Employees

Tencent Holdings Ltd. announced on Friday at the Hong Kong Stock Exchange (HKEx) that it would grant a total of 8,004,807 award shares to at least 22,800 staff members.

Kuaishou Adjusts Employee Benefits Scheme to Achieve Better Work-Life Balance

Kuaishou, a Chinese short video platform, announced on Thursday an adjustment of its employee benefits through an internal letter.

Livestreaming Firm Huya Former Employee Lost First-Instance Judgment of Labor Dispute Case Over Job Credentials

On Monday, a former employee of Chinese game livestreaming company Huya announced the verdict of a high-profile legal case against the firm.

Yang Dazhi, Former General Manager of Tencent Kandian, Transferred to Tencent’s CSIG

Yang Dazhi, the former general manager of Tencent Kandian, has transferred to Tencent's Cloud and Smart Industry Group (CSIG) as the Deputy General Manager of Hong Kong, Macao, Taiwan and the International Business Department.

Huawei Denies RMB 230,000 Monthly Salary Rumor

Several payslips from Huawei Technologies Co., Ltd.'s Data Center Energy Corps were exposed on the Internet. The payslips were from the month of November 2021.

Tencent Confirms Death of Mao Xingyun, Employee at Company’s TiMi F1 Studio

Recently, news emerged that an employee of Tencent in Shenzhen died unexpectedly. Tencent confirmed on Tuesday that Mao Xingyun, an employee of TiMi F1 Studio, passed away unexpectedly on December 11th.

Alibaba Group Announces CFO Succession, Reshuffles E-Commerce Business

Alibaba Group announced today that Toby Xu, its current Deputy Chief Financial Officer, will succeed Maggie Wu as Chief Financial Officer, effective April 1, 2022.

BYD Responds to Sudden Death of Employee: Firm is Actively Communicating with Family Members

On Wednesday, a line reading "BYD employee died suddenly in rental house" appeared as a trending topic on Chinese Twitter-like Weibo.

Xiaomi to Found Mi Apartment as Employee Dormitory for 700 Million Yuan

According to Tianyancha App, Mi Apartment (Beijing) Commercial Operation Management Co., Ltd. was established with a registered capital of 700 million yuan. The entity is wholly-owned by Xiaomi.

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