Brand Marketing
Lai Yifen Large-Scale Layoffs: Eliminating 83% of Bottom Performers, All-Staff Sales
Amid the pandemic, snack retailer Lai Yifen faces accusations of large-scale layoffs and salary freezes, with an internal PPT revealing plans to optimize 83% of C and D rated employees and implement all-staff sales. The company denies layoffs, attributing changes to performance-based talent elimination, while employees report otherwise.
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