Wednesday, April 11, 2012

tera gold he is still unwilling to disclose the number of layoffs - LWF

129771661604218750_6View recent Sina finance news on March 25, BYD announced late this evening's annual report reveals a cruel reality: 2011 shed more than 20,000.  Annual report, group employees at the end of last year to 177600 tera gold, 2010 this figure is 200,000. The huge number of layoffs, to BYD's founderCEO Wang chuanfu was proud of "the human sea tactics"--no small irony. Zhiqian and success of the company in the IT industry, it is important that comes from the use of human resources in China's low-cost, abundant and cheap human resources are central to its cost control, is the root of its ultra high performance, this tactic was later summed up, Mr Wang "human sea tactics."Referring to "the human sea tactics," Shi tera gold, Wang chuanfu has said proudly: "in 2025, we want to be the world's largest passenger car business, why should I? People, 300,000 of the workforce and a great team of smart engineers, this is my capital. It's market value of tens of billions of more reliable, not high and low. "This strategy under the guidance of BYDRapid expansion of trade unions.  2007 workforce but 120,000 people, but as of 2010, about 200,000 employees has written to. On September 9, 2011 BYD extraordinary general meeting for the first time, he is still unwilling to disclose the number of layoffs, saying layoffs are doing the right thing, "to strive to complete the 2015 annual sales in ChinaThe first goal of "(see Sina finance scoop in response to job cuts, Mr Wang turmoil: bad seed 09 has been planted).  Annual report shows that evening, company net profit attributable to the shareholders of listed companies last year for $ 1.385 billion, fell by 45.13%; basic earnings per share of $ 0.60. And BYD's operations in the first quarter of this year is still not happyView. BYD is expected, 2012-March net profit decreased by 65% per cent over the previous year. 2011 the period attributable to the shareholders of listed companies and companies about $ 267 million in net profit. Reasons for changes in the performance, the company said, car, mobile phone parts and assembly operations in the first quarter performance and the same period last year, but the second charge in the battery business of solarBattery business performance and drop large compared with the same period last year.  Announcement, the Board recommended that the 2011 annual income to the company not for profit distribution, nor capital reserve shall be converted into share capital. Company at the same time informed, due to environmental issues such as emission concentrations exceeds last year, Commission on human settlements has punished Shenzhen, was four times tera power leveling, the cumulative fine of 320,000. (CaoLei from Shenzhen) 2011 public company annual report Others:

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