
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.
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Kuaishou, a Chinese short video platform, announced on Thursday an adjustment of its employee benefits through an internal letter.
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.
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.
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.
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.
On Wednesday, a line reading "BYD employee died suddenly in rental house" appeared as a trending topic on Chinese Twitter-like Weibo.
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.
On July 4th, SMIC announced that Wu Jingang, a core technician, recently applied to resign from his position for personal reasons and completed the resignation procedures.
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.
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.
On Feb. 14, an internal email issued by Huawei was posted online, reflecting on why the company seems to fail at retaining their Ph.D. staff.
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.