Home appliance industry encounters a cold winter! Dong Mingzhu said that he would rather reduce wages than layoffs. Why does Gree have such confidence? -Dong Mingzhu, home appliances, layoffs – Fast Technology (the media of Drive Home) – Technology changes the future

On May 26, the Douyin-certified account “Mingzhu Yutong Selected” posted a video in which Dong Mingzhu appeared and said: “I make a promise to Gree employees that we Gree will never lay off employees under any difficult circumstances. If we say It is very difficult for us, we would rather drop a little salary than lay off staff, so that everyone has the simplest and most reliable guarantee.”

Such a statement also aroused the onlookers of netizens. The reason why Dong Mingzhu shouted such a slogan really required a lot of courage. Why did he say that? Because many companies are indeed encountering great difficulties under the epidemic, which is why many companies have laid off employees.

The home appliance industry in 2022 is not optimistic. After the white goods giant Midea Group confirmed that it will shrink non-core businesses and optimize personnel in 2022, the outside world is paying attention to whether Gree Electric will also have layoffs this year. In mid-May this year, Fang Hongbo, chairman of Midea Group, said at a performance conference call with the core management that the next three years will be a cold winter for the industry, and it is expected to be more difficult than 2020 and 2008.

Gree Electric also mentioned in the recently disclosed draft of the second phase of the employee stock ownership plan that the tense geopolitical situation in early 2022 will continue to drive high fluctuations in commodity prices, the new crown epidemic has repeatedly broken out in many places, and the real economy is facing shrinking demand and supply shocks , the triple pressure of expected weakening, the risks, challenges and pressures faced by the company’s production and operation have doubled.

Gree Electric’s 2021 annual report shows that as of the end of 2021, Gree Electric has 81,884 employees. In the past three years, the company’s number of employees has been relatively stable. In 2021, Gree Electric paid 9.849 billion yuan in cash to and for employees, while the amount of this accounting item in 2020 was 8.901 billion yuan. As of the end of 2021, the balance of employee compensation payable by Gree Electric was 3.467 billion yuan.

In terms of performance, Gree Electric will achieve a total operating income of 189.654 billion yuan in 2021, a year-on-year increase of 11.24%; and a net profit attributable to the parent of 23.064 billion yuan, a year-on-year increase of 4.01%. From 2019 to the end of 2021, the total number of employees of Gree Electric Appliances was 88,800, 84,000, and 81,900, respectively, showing a decreasing trend year by year.

In the early days of the epidemic in 2020, Gree Electric’s operation was greatly affected. She said at the time that not only would she not lay off staff, she also planned to recruit 5,000 college students, saying, “If we lay off 10,000 or 20,000 people, they will return to society without jobs and support. The ability to survive, the result can be destructive.”

In 2021, the total pre-tax remuneration received by some senior managers of Gree Electric from the company will increase to a certain extent year-on-year. For example, Dong Mingzhu’s total pre-tax remuneration from the company in 2021 is 10.98 million yuan, and the corresponding amount in 2020 is 9.15 million yuan;The company’s vice president Zhuang Pei’s pre-tax remuneration in 2021 is 2.6 million yuan, and 2.3 million yuan in 2020; vice president Tan Jianming’s pre-tax remuneration in 2021 is 4 million yuan, and 3.3 million yuan in 2020.

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