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Geely-Baidu Ji Yue Auto Reportedly Plans to Form 2.0 Team
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Ji Yue Automobile, under Geely Holding and BIDU-SW (09888.HK), kicked off "Startup 2.0", according to online hearsay. Ji Yue CEO Xia Yiping held a meeting for the establishment of the 2.0 team, at which all units, including after-sales, finance and personnel, except for the legal department, made their appearances. At present, the number of people who have registered for re-employment is about 500, but initially, the quota would be allocated more to the after-sales service unit, sources divulged. The working team will officially start signing contracts in the next few days, report told. As for the remaining staff, they will have to be re-signed to another company and their salaries will have to be renegotiated with the new company, which are expected to be lower than before. The meeting also discussed how to avoid freezing of funds and whether to mobilize supervisory accounts. AAStocks Financial News |
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