Bullwhip news on May 25, according to media reports, class bar has laid off at least 50%, has been in arrears for 2-3 months, and delayed and cashback. In this regard, the class bar responded that the scale of layoffs should be controlled at 30%, and the wages and cash back owed for some reasons will be made up as soon as possible** For layoffs, the class bar said that it was based on the comprehensive study and judgment of the domestic and foreign environment and its own strategic stage. From the beginning of May, the organization adjustment and personnel optimization began, and the overall layoff scale was controlled at about 30%. Among them, the business side retained efficient business through "shutdown and transfer", optimized by 15% - 20%, and the middle and back office re integrated according to the business line adjustment, optimized by 30% - 40%, and the overall optimization ended at the end of May.
Original title: start class: the scale of layoffs is controlled at 30%, and the salary payment rhythm is being adjusted
In addition, with regard to salary arrears, the class bar said that in the past January to April, the class bar has paid all employees' wages as usual, and a small part of it has been delayed due to the adjustment of salary due to home isolation.
In the report, "unpaid salary from February to March" refers to the performance commission of sales and head teacher, rather than the basic salary. This part of the Commission should be paid successively after the end of the student refund period, and the student refund period should range from 20 to 45 working days. From February to may, all departments adjusted the refund period and the commission payment date twice. In addition, comprehensive factors such as resignation accounting caused some delays, rather than "unpaid salary from February to March". With the isolation of all staff at home in May, we will also partially adjust the salary structure and payment rhythm according to the post situation.
Referring to the "cash back for students in arrears", the class bar said that the class bar started in August 2021 and opened some scholarship classes and agreement classes due to promotion. However, it has been stopped since March 2022. Many students have changed to a new class type. In the process of changing classes, the accounting complexity of some students has increased, resulting in some delays. All overdue refunds will be completed in June.
Enterprise check app shows that the class bar was launched in August 2013, and the class bar obtained a round of financing of RMB 550 million on August 26, 2020. The investment institutions include Gaorong capital and Gaoling capital; On July 11, 2021, the class bar again announced the completion of the B1 round of financing of 600 million yuan.