Company Gone on the 1st Day Back From New Year Holiday: New Round of Job Cuts and Pay Cuts Kicks Off

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  • čas přidán 21. 08. 2024
  • On their first day back, employees were greeted not with the start of work but with the factory announcing its closure.
    This year, the situation was markedly different due to China's challenging economic climate, leading to numerous companies shutting down. In an effort to ensure employees could enjoy the holiday season without distress, many businesses delayed layoffs until after the New Year. However, as soon as the holiday was over, some companies went out of business on the very first day of resuming work, with instances of owners absconding. This prompted reflections from some, noting the irony in hoping for prosperity in the Year of the Dragon, only to be met with a surge in business closures and job losses immediately following the New Year celebrations. It underscored a grim reality: the inevitable challenges had to be confronted head-on.
    #chinaobserver
    All rights reserved.

Komentáře • 501

  • @zaxxon4
    @zaxxon4 Před 5 měsíci +134

    As an American I am only half sympathetic to this, since I remember American factories closing as manufacturing moved to China.

    • @noirhorror197
      @noirhorror197 Před 5 měsíci +1

      And the fact that they ran sweat factories at small pay to desperate people making inferior merchandise. Then they started basing everything on money and how valuable you were as a person. They throw all their garbage in the ocean. They over fish and still deceive the people by painting the landscape and their pigs. The food situation is so terrible what they are doing to it. It's payback time. Karma and God's judgement teaming up.

    • @slammerlo510
      @slammerlo510 Před 5 měsíci +3

      Cloning manufacturing hubs are closing

    • @Jimraynor45
      @Jimraynor45 Před 5 měsíci +12

      Japan still has many factories despite being much closer to China. Too many regulations and other costs made American manufacturing uncompetitive. They also lack innovation, I think.

    • @FM-jo1jh
      @FM-jo1jh Před 5 měsíci +4

      American factories will never be able to compete, cost is too high for any business to make money...

    • @bryancarlson3673
      @bryancarlson3673 Před 5 měsíci +10

      @@FM-jo1jh Implementing tariffs will equalize the low costs of slave labor and save jobs in the USA

  • @5anjuro
    @5anjuro Před 5 měsíci +161

    Laying off 30 year olds because they're no longer as young as 20 year old seems like a business suicide. Thirty-something is the prime age when the first ten years of experience start making sense, and when the intuition begins to form.
    I am 45 years old and work as a project manager and consultant. Most of the value I bring as a PM comes from all the other jobs and experiences I had from 20 to 40 years in adjacent fields. If I started as a PM at 20, I'd be mostly useless, if not worse. When I see 25-30 year olds calling themselves "consultant", I smile.

    • @GideonicGaming
      @GideonicGaming Před 5 měsíci +18

      That's the reality tbh. Unfortunately, they need cheap labor. Thus, they choose fresh graduate. Economic situation is worsen everywhere in the world rn.

    • @dw620
      @dw620 Před 5 měsíci +4

      You are correct about the need to use the skills and wisdom gained by employees over the years - for jobs and/or individuals where that is the case. ~~ Please don't denigrate and smirk at all those in their late 20s, though. Personally, at 26, I was IT programme manager for our national railroad company responsible for the planning and control systems for 4% of our entire country's freight plus the coal for 50% of our power generation (back when we used that stuff!).

    • @ClownMoney
      @ClownMoney Před 5 měsíci

      That's because they brainwashed a young 20 year old worker to work all year and not get paid. A 30 year will say that's not going to happen..
      They need to remove Xi ping mao asap

    • @mobayguy
      @mobayguy Před 5 měsíci +1

      5anjuro - Your comment bears truth and I'll add that many professionals in their 50's with strong technical backgrounds & functional experience are uniquely capable in terms of their high value for developing and guiding successful execution of strategy to manage change. Due to manic present corporate behavior, many of those same senior professionals have moved into private practice and are prospering. What is happening to the young is tragic, a betrayal of their efforts and ambitions.

    • @angelsantana3001
      @angelsantana3001 Před 5 měsíci

      Unfortunately this is actually a good thing. The worse the economy gets due to idiots laying off experienced workers, the majority will be forced to rebel against the status quo and then we can start to see a change in government policies. There is a breaking point that has not yet happened. When it does, the CCP will fall.

  • @emmapeel8163
    @emmapeel8163 Před 5 měsíci +107

    unpaid wages are way worse than getting fired.

    • @SaintSaint
      @SaintSaint Před 5 měsíci +11

      This actually happened to one of my mainland friends in 2022! He shrugged it off and said it wasn't unusual. Crazy what companies can get away with over there!

    • @SaintSaint
      @SaintSaint Před 5 měsíci +1

      They only denied him 1 month of pay... but still that's.. pretty sick.

    • @michaelbizon444
      @michaelbizon444 Před 5 měsíci

      But they say the iIIegals will save the USA. We point our fingers at the Chinese ghost cities and ignore Detroit. As long as the Chicoms are sinking faster, it can distract from my own countries' issues. And let's see how fast this post gets deleted 3 2 1

    • @funfungerman8401
      @funfungerman8401 Před 5 měsíci

      honestly the people are 100% at fault there, they only can get away with it, because people LET them get away@@SaintSaint

    • @funfungerman8401
      @funfungerman8401 Před 5 měsíci

      one month is the difference between a big loan and maybe even loan spirale
      you have fix costs like mortgage, car insurance, other insurance food for you and maybe family (and then mabye even the insurance of them etc) electricity if you then already live with the bare minimum and can like only sace 5% of you waage each month and you u need to take ONE single loan to pay for neccesitiy boom even with a new job youre still have a big loan that depending on the interest cant be paid off or maybe even takes years, and something like this (high interest no big save rates) are more common that you might think@@SaintSaint

  • @mikebreslaw9651
    @mikebreslaw9651 Před 5 měsíci +107

    Welcome back, YOU'RE FIRED !

    • @iamamoghalfmanhalfdog5325
      @iamamoghalfmanhalfdog5325 Před 5 měsíci +8

      We didnt want to ruin your new year anyway hope traffic wasnt to bad
      Unreal

    • @roastnut
      @roastnut Před 5 měsíci

      That's true. But which is the worse of the 2 I guess, fired before CNY (which is like Xmas) or fired just after? Perhaps the boss knew it was to be closed down and did it afterwards purposefully. I suppose they could have just sent them a message after the holidays to say they're fired.@@iamamoghalfmanhalfdog5325

    • @user-ht8dd8kc3x
      @user-ht8dd8kc3x Před 5 měsíci +2

      all cause came XI ambition

    • @SaintSaint
      @SaintSaint Před 5 měsíci +1

      Yeah... this is heart wrenching. Especially that poor woman who was 6 mo pregnant. I remember loosing my job shortly after I found out my wife was pregnant. T_T I wonder if I could hire one of my pen pals? $400/mo isn't impossible for me to pay and Chinese people are smart and hard working. 我不明白中文但他之道英语。。。Though he can't speak English and I can't speak Chinese, we can write 4000+ 蹩脚/Engrish words in each other's language. I doubt he's for hire though. He's a programmer like I am. I'll ask him. I know $400 isn't enough for a programmer, but I'd hate to see him and his baby girl go hungry!

    • @iamamoghalfmanhalfdog5325
      @iamamoghalfmanhalfdog5325 Před 5 měsíci +1

      @@SaintSaint plenty of hungry peoplein your home town

  • @jormugand5578
    @jormugand5578 Před 5 měsíci +69

    So employers tricked employees into spending money over the New Year Holiday they might have saved have they known they were going to be laid off and they (and their supporters) are claiming they were being kind by allowing their employees to enjoy the New Year Holiday? The smart ones fled bc they knew their safety would be in danger if they were still there when the employees returned. (NOTE: I said "smart" not honest or otherwise honorable.)

    • @godskull5788
      @godskull5788 Před 5 měsíci +4

      Damn, that’s exactly what I thought. That’s brutal. They for sure would have been frugal as hell.

    • @ratheeshrajendran2660
      @ratheeshrajendran2660 Před 5 měsíci

      In all Indian software and tech support companies employees are treated by their relationship with the bosses. Employees in first place recruited by on linguistic and racial preferences. India as a whole country has authentic linguistic communities and a HR or a Team leader in a MNC prefers his own linguistic community as his subordinate. Most of the interviews are never neutral and most of them are staged as referred candidates just get selected. In India most of the tech companies run interviews only to boast them as neutral to the public. Bosses carefully asses the community and linguistic traits of the colleagues all the time. In mass recruitments many get enrolled but over the years preferred people who have found the bosses of their own linguistic community can climb the ladder irrespective of how dumb they are but those who haven't found one will be thrown out. Indian software institutions are the most clumsy organizations where many talent lacking professionals make a good life because of their community preferences. This is why India as a country ends up in serving to the west. A mass awareness program have to be conducted to enlighten upcoming college graduates not to take employment opportunity as many of them get blindfolded behind those glass doors. Upcoming graduates never know the community preferences in those working environments so they envision those MNC's as an achievement to get in to it. Instead the upcoming generation have to be given awareness of these communal atrocities in those MNC's and graduates should be encouraged to create their own ways and endure suffering instead of getting into those MNC's.

    • @SaintSaint
      @SaintSaint Před 5 měsíci

      @@peterseth3296 Yes, "tricked" is too strong of a word. You're right. However, employees do seem to be misled into thinking everything was alright. Executives know in advance when they will need to manage costs. Many people are shorter on cash after Christmas in the USA. I would feel deeply betrayed if I were laid off right after I spent my gift money for my family on Christmas.

    • @YourHineyness
      @YourHineyness Před 5 měsíci

      It's a dog-eat-dog culture.

    • @YourHineyness
      @YourHineyness Před 5 měsíci

      And your point is, Mr. Whataboutism?@@peterseth3296

  • @mrmrsbrooks3263
    @mrmrsbrooks3263 Před 5 měsíci +91

    Looks like the only industry where customers are guaranteed is the funeral business…

    • @lepton31415
      @lepton31415 Před 5 měsíci +4

      actually that's going away now too.

    • @ronnelacido1711
      @ronnelacido1711 Před 5 měsíci +15

      But it's a dying business🤣🤣

    • @RUHappyATM
      @RUHappyATM Před 5 měsíci +1

      Sad but true.
      But I wonder whether they have to take a pay cut as well, when people cannot pay for their funerals.

    • @lepton31415
      @lepton31415 Před 5 měsíci +9

      @@RUHappyATM people are skipping out on funerals and just getting cremated. but even that is crazy expensive. we just cremated my stepfather and it cost $4000! just to cook him. that didn't even include the urn which they wanted an additional $300 for. we got one on Amazon for $50. what a business!

    • @royrosete7085
      @royrosete7085 Před 5 měsíci +1

      this business is booming.....

  • @D0NU75
    @D0NU75 Před 5 měsíci +120

    the young people are not working and the working people are getting fired, then fired people with experience can't find work either, the hell is going on over there?

    • @MK_ULTRA420
      @MK_ULTRA420 Před 5 měsíci +41

      Economics with Chinese characteristics.

    • @Joel-wx7zk
      @Joel-wx7zk Před 5 měsíci

      It’s a downward spiral that was set in motion by the CCP, people have no money,
      No money equals less buying, less buying equals weak economy, weak economy equals companies closing or downsizing, getting fired leaves people with no money

    • @PunditKING
      @PunditKING Před 5 měsíci +11

      Bullshtoo jobs (graphic designer, faking product etc) getting laid off. Why are ppl shocked?

    • @MK_ULTRA420
      @MK_ULTRA420 Před 5 měsíci

      @@PunditKING Because the CCP pretends to be better than that.

    • @djm2189
      @djm2189 Před 5 měsíci +1

      ​@@MK_ULTRA420😂😂😂 I love these jokes! You've been seeing a number of these vids

  • @NorthzYT
    @NorthzYT Před 5 měsíci +10

    I like how we call them "complex" interpersonal relationships when it's really just corruption and unethical work practices.

  • @musicalbwayfreak
    @musicalbwayfreak Před 5 měsíci +120

    I'm taking home everything that was left behind. I'm taking home all the toilet paper, the tables, the chairs, etc.

    • @georgiabobcat8695
      @georgiabobcat8695 Před 5 měsíci +7

      Good idea

    • @godskull5788
      @godskull5788 Před 5 měsíci +7

      Most definitely. Light fixtures, copper. It would look like locusts stripped the place down.

    • @ratheeshrajendran2660
      @ratheeshrajendran2660 Před 5 měsíci

      In all Indian software and tech support companies employees are treated by their relationship with the bosses. Employees in first place recruited by on linguistic and racial preferences. India as a whole country has authentic linguistic communities and a HR or a Team leader in a MNC prefers his own linguistic community as his subordinate. Most of the interviews are never neutral and most of them are staged as referred candidates just get selected. In India most of the tech companies run interviews only to boast them as neutral to the public. Bosses carefully asses the community and linguistic traits of the colleagues all the time. In mass recruitments many get enrolled but over the years preferred people who have found the bosses of their own linguistic community can climb the ladder irrespective of how dumb they are but those who haven't found one will be thrown out. Indian software institutions are the most clumsy organizations where many talent lacking professionals make a good life because of their community preferences. This is why India as a country ends up in serving to the west. A mass awareness program have to be conducted to enlighten upcoming college graduates not to take employment opportunity as many of them get blindfolded behind those glass doors. Upcoming graduates never know the community preferences in those working environments so they envision those MNC's as an achievement to get in to it. Instead the upcoming generation have to be given awareness of these communal atrocities in those MNC's and graduates should be encouraged to create their own ways and endure suffering instead of getting into those MNC's.

    • @HavocHerseim
      @HavocHerseim Před 5 měsíci

      that's communist culture for you

    • @SaintSaint
      @SaintSaint Před 5 měsíci +1

      But many workers didn't bring their family/homes with them. :( Even highly skilled workers would have to take their equipment all the way back to their city on the train.

  • @hansel2001
    @hansel2001 Před 5 měsíci +24

    Chinese companies in the US do this too. A chain of chinese massage parlors in California closed shop during the Chinese New Year holidays.
    None of their employees were paid and all were let go upon returning from the Lunar New Year break. The massage centers were cleaned out.
    In addition, this is a company that made most of their money selling massage packages. So if you purchase a package of 5 or 10 massages, you get a big discount on those future massages. This company was selling massage packages right up until the New Year and collecting money up front for massages the owners knew they customers could never redeem. That is the lowest of lows.
    Always assume NEGATIVE INTENT from chinese businesses. If you get cheated, this is a you problem. You have been warned.

    • @SaintSaint
      @SaintSaint Před 5 měsíci +2

      Yes. Many Chinese businesses have hurt me. Interesting thing... both "credit" and "信用" mean both trust and money in our languages... though 信用 is a little closer to "honor." Without honor/trust, you have no money.

    • @stormryder4305
      @stormryder4305 Před 5 měsíci

      They have no consciousness the consequences of their action. They probably think they can get away. But they don't realize they can't go far away. Sooner or later, anti trust will catch up.

    • @larrysmith2123
      @larrysmith2123 Před 5 měsíci

      Yep they do that with hair salons and gyms then close and never hear from them.

    • @maapaa2010
      @maapaa2010 Před 5 měsíci

      Is this even legal?!

    • @hansel2001
      @hansel2001 Před 5 měsíci +3

      @@maapaa2010 Legal? There is no legal or illegal among Chinese. They don’t care they’re in America; they live by Chinese laws in America.
      Chinese even have their own police stations in America and all over the world. They have their own justice system.

  • @Teenagegoogoomuk
    @Teenagegoogoomuk Před 5 měsíci +23

    About time! Also been seeing things in the US are coming from Cambodia, Vietnam, Honduras etc.
    China had there turn now lets see how crappy things get.

    • @godskull5788
      @godskull5788 Před 5 měsíci

      Exactly. Vietnam is gearing up to be the new China. They have the demographics for it as well.

    • @Teenagegoogoomuk
      @Teenagegoogoomuk Před 5 měsíci

      @@godskull5788 Cool cause India ain't any better.

    • @thisislilraskal
      @thisislilraskal Před 5 měsíci +1

      Quality will probably improve, and hopefully we see an end to scammers like Temu or Wish. I'd trust India, Vietnam, Philippines or Mexico with my IP and quality of work over China any day

    • @YourHineyness
      @YourHineyness Před 5 měsíci

      What I don't like about Vietnam is that they are Commies too. The good thing is that they're too small to get threatening like China did, but still. The US is always braying about spreading democracy but then make Commie nations rich.@@godskull5788

    • @godskull5788
      @godskull5788 Před 5 měsíci

      @@thisislilraskal You’re damn right. China is the most flagrant thief of IP. Bunch of cheats and scammers that can’t bother to develop their own unique ideas. They’re over fishing everywhere, they’re the worst global polluter, they try to hog all the territorial waters of other nations, etc. List goes on and on.

  • @RaniVeluNachar-kx4lu
    @RaniVeluNachar-kx4lu Před 5 měsíci +21

    2500Yuan is about $345 dollars. I remember working in restaurants for $2.13 per hour plus tips. But this job is not even that much and NO tips. And tips use to be 75-80% of the take home. The wages was basically so the employer could deduct enough from our wages to pay social security and Medicare contributions.

    • @kobrapromotions
      @kobrapromotions Před 5 měsíci

      thats the problem with america (assuming USA?) nowhere else in the world do you rely on TIPS to make your living... disgusting tbh. Just pay your employees a decent wage. USA is fast becoming a joke like china.

    • @dw620
      @dw620 Před 5 měsíci +4

      It's not only the salary it's the cost of living, of course.
      Even lower tier cities in the PRC are not cheap to live in compared with, say, the likes of Indonesia where $345 would actually be "relatively comfortable" (and far more civilised, IMO).

  • @ksl-988
    @ksl-988 Před 5 měsíci +16

    The Pixar filter at 1:15 is messing with my brain. If you told me years ago that we would have AI but it would be to turn people into live internet cartoons I never would have believed it.

    • @squiremc
      @squiremc Před 5 měsíci

      I believe a lot of people in China use these filters to get messages out without being identified.

    • @YourHineyness
      @YourHineyness Před 5 měsíci

      Yes, it's the equivalent of blurring someone's face out in the past. I like it, sort of funny. It also shows how dystopic China is.@@squiremc

  • @taterkaze9428
    @taterkaze9428 Před 5 měsíci +8

    This is a Great Depression.

  • @user-cg9qu8mz8u
    @user-cg9qu8mz8u Před 5 měsíci +16

    I dont feel sorry for them at all

    • @Ichi.Capeta
      @Ichi.Capeta Před 5 měsíci +1

      I don't feel sorry for -them- the commies at all

    • @eragonfreedman9228
      @eragonfreedman9228 Před 5 měsíci +5

      don't. just look at their long history its the same s**t over and over again

  • @thisislilraskal
    @thisislilraskal Před 5 měsíci +6

    This type of news warms my heart ♥ and I thank God I was born in Australia.

    • @ronnelacido1711
      @ronnelacido1711 Před 5 měsíci

      Fortune-seeking mainlanders will soon migrate to Australia by droves.

  • @kendalljones541
    @kendalljones541 Před 5 měsíci +21

    Hang on, it's going to get rough. 😮

  • @JP_IN_TX
    @JP_IN_TX Před 5 měsíci +7

    Excellent video filled with valuable information. Keep up the exceptional work.

  • @lightclawshadowmarsch8167
    @lightclawshadowmarsch8167 Před 5 měsíci +4

    The dragon also represents death destruction chaos and famine.

  • @Marusovsky
    @Marusovsky Před 5 měsíci +12

    Don't know what's more disturbing. The rate at which companies are closing and laying people off, or those cartoon filters.

    • @meangreen6044
      @meangreen6044 Před 5 měsíci

      They have to use filters so the CCP doesn’t attack them or lock them up for bad mouthing the counties economy. People go missing for telling the truth about that place, that’s why their at the open borders Trump and Biden left open

  • @cliffto2309
    @cliffto2309 Před 5 měsíci +4

    It is to be expected from the policies of emperor Xi

  • @nowheretorun2857
    @nowheretorun2857 Před 5 měsíci +6

    The number of superstitions Chinese believe in is astonishing.

  • @candyhotlips1338
    @candyhotlips1338 Před 5 měsíci +2

    I am glad. Countries must start theìr own manufacturing companies so that their population is employed. I always purchase items made in my country. I support my people.

  • @MichaelDavila72
    @MichaelDavila72 Před 5 měsíci +7

    This is kinda funny...thats some the office sitcom kinda vibe lol

  • @douglasanderson153
    @douglasanderson153 Před 5 měsíci +3

    The realestate construction industry employed millions of workers…the impact of the bankruptcy of Evergrand and the like cannot be under estimated

    • @YourHineyness
      @YourHineyness Před 5 měsíci +1

      I have heard that the real estate industry comprises 25-30% of China's GDP. Would it be a stretch to conclude that it also effects 25-30% of all Chinese jobs?

  • @franz289
    @franz289 Před 5 měsíci +2

    China is learning that when consuming countries like U.S., U.K. go into recession, they are the last to feel it because orders for goods drop. Japan is also officially in a recession because slow demand for their car industry. China’s boom fueled by overheated growth in the real estate industry will now show how deep that impact is when workers can’t pay their mortgages.

  • @loricagardener4826
    @loricagardener4826 Před 5 měsíci +4

    That is a horrible thing to do! They would have given a lot of money away that they will need for their current survival!!!!

  • @amelierenoncule
    @amelierenoncule Před 5 měsíci +20

    Each day, mes amis, I give thanks that I was NOT born Chinese...living in China.

    • @hebrewyisraeliteyahawadahite
      @hebrewyisraeliteyahawadahite Před 5 měsíci

      *Don't be fooled, because God the Father, God the Son & God the Holy Spirit is also punishing non-Chinese (aka Moabite) people too.*

    • @Randze
      @Randze Před 5 měsíci

      @@hebrewyisraeliteyahawadahite racism is a sin

    • @hebrewyisraeliteyahawadahite
      @hebrewyisraeliteyahawadahite Před 5 měsíci

      @@Randze *FYI: Racism is not a sin, because "racism" means to ONLY be for your race & it's not a "sin" to any degree to ONLY be for your race. My comment pertains to the Hebrew Yisraelite laws (e.g. The Golden Rule, Seed + Time = Harvest, etc) because, it is written in the Hebrew Yisraelite scriptures, God the Father, God the Son & God the Holy Spirit is punishing the heathens who committed, is committing & plan to commit sins, atrocities & abominations against the 12 tribes of Yisrael*

    • @Randze
      @Randze Před 5 měsíci

      @@hebrewyisraeliteyahawadahite "There is neither Jew nor Greek, there is neither slave nor free, there is no male and female, for you are all one in Christ Jesus" Galatians 3:28

    • @hebrewyisraeliteyahawadahite
      @hebrewyisraeliteyahawadahite Před 5 měsíci

      @@Randze *Esau Edom, overlooking the fact the REAL Messiah is from the tribe of Yahawadah (aka Judah) & overlooking the fact the REAL Messiah's name is not **-jesus christ-** which is a Greek name, Galatians 3:28 is only talking about & referring to the Hebrew Yisraelite foreigners, not the non-Hebrew Yisraelites (aka heathens).*

  • @richardliu7499
    @richardliu7499 Před 5 měsíci +3

    What goes up MUST come down. Law of gravity.

  • @user-oe2zs4td4b
    @user-oe2zs4td4b Před 5 měsíci +13

    Utopia as it’s peak

    • @ironfistarrival
      @ironfistarrival Před 5 měsíci

      Maybe you meant Ethiopia ?

    • @chocobrowniewin
      @chocobrowniewin Před 5 měsíci

      yep, the utopia got rid of the need for money right? Same here, when everyone has no money, they can say it is an utopian society.

  • @garymartin9777
    @garymartin9777 Před 5 měsíci +1

    The times I was laid off in the US it always seemed to be 10 days before Christmas. Well, at least it wasn't Christmas Eve.

  • @RichardDong68
    @RichardDong68 Před 5 měsíci +2

    And people think college is a scam? Imagine going through the hoops of college, then putting up with this BS.

  • @00Athus1
    @00Athus1 Před 5 měsíci +4

    Try as I might I have absolutely no sympathy for these people....

    • @petergray2712
      @petergray2712 Před 5 měsíci +2

      Try as I might I have absolutely no interest in anything you say.

    • @00Athus1
      @00Athus1 Před 5 měsíci +1

      @petergray2712 well that's clearly a lie, seeing as you cared enough about my comment to respond....

  • @kiel_doesntplay
    @kiel_doesntplay Před 5 měsíci +2

    I would've taken everything in that place on what's salvaged and sold what was left

  • @magpie_girl3741
    @magpie_girl3741 Před 5 měsíci +2

    14:07 "people are too lazy now and prefer to eat at home" 😩🤯😩If you don't know how human nature works, it's no wonder you're not suited to work in the service industry and your business didn't survive. 😔

  • @CDeuce152
    @CDeuce152 Před 5 měsíci +6

    Working at my first job right after graduating High School in 1998, recalling the crappy relationship between my boss and the management above him. Through my eyes, that is job discrimination and other agents in my former employer's field quit.

    • @ratheeshrajendran2660
      @ratheeshrajendran2660 Před 5 měsíci

      In all Indian software and tech support companies employees are treated by their relationship with the bosses. Employees in first place recruited by on linguistic and racial preferences. India as a whole country has authentic linguistic communities and a HR or a Team leader in a MNC prefers his own linguistic community as his subordinate. Most of the interviews are never neutral and most of them are staged as referred candidates just get selected. In India most of the tech companies run interviews only to boast them as neutral to the public. Bosses carefully asses the community and linguistic traits of the colleagues all the time. In mass recruitments many get enrolled but over the years preferred people who have found the bosses of their own linguistic community can climb the ladder irrespective of how dumb they are but those who haven't found one will be thrown out. Indian software institutions are the most clumsy organizations where many talent lacking professionals make a good life because of their community preferences. This is why India as a country ends up in serving to the west. A mass awareness program have to be conducted to enlighten upcoming college graduates not to take employment opportunity as many of them get blindfolded behind those glass doors. Upcoming graduates never know the community preferences in those working environments so they envision those MNC's as an achievement to get in to it. Instead the upcoming generation have to be given awareness of these communal atrocities in those MNC's and graduates should be encouraged to create their own ways and endure suffering instead of getting into those MNC's.

  • @5nowChain5
    @5nowChain5 Před 5 měsíci +1

    Thats a really bad boss. All the workers would not have wasted all thier money on going on holiday. 😮 As well as denying the staff taking company office assets as part compensation for non payment of wages.

  • @jirajira2872
    @jirajira2872 Před 5 měsíci +3

    always save when you have the money.

  • @genehunsinger3981
    @genehunsinger3981 Před 5 měsíci +16

    IMAGINE the surprised look on Yu So Dum's face when his boss Yu Go Noa called him into office!

    • @seleneledezma3543
      @seleneledezma3543 Před 5 měsíci +3

      😂😂😂😂

    • @styrfry
      @styrfry Před 5 měsíci +6

      Is the CEO named Sum Ting Wong?

    • @AnthonyErnst-li5rz
      @AnthonyErnst-li5rz Před 5 měsíci +2

      President name,Xipperhead

    • @SaintSaint
      @SaintSaint Před 5 měsíci

      BBBOooooooooooooooooooooooo! These are people too. Have some decency.

    • @SaintSaint
      @SaintSaint Před 5 měsíci

      Having said that though... I'm not eager to empower a CCP-fleeced economy so that they can point guns at my baby boy.

  • @siliconvalleyengineer5875
    @siliconvalleyengineer5875 Před 5 měsíci +2

    American businesses cgo out of business and hang a closed sign on the front door everyday, giving the employees no notice. There are no laws for privatly owned / non union businesses to give employees warning of closure. So whats the big deal here ?

    • @SaintSaint
      @SaintSaint Před 5 měsíci +2

      I've never been laid off without a compensatory wage. Some of these companies(the construction company) are extremely large and are skirting the furlough payments by extortionary demands(month without pay) to extort quitting. Only small American businesses can go out of business like you mention. After a certain size, they are required to have pensions, Unemployment insurance, union-allowance, and many other things. You should know this.

    • @stormryder4305
      @stormryder4305 Před 5 měsíci

      Disney lay off 7000 workers last year's with notice and compensation. Amazon also said to lay off some workers. It's not a big deal. The difference is both Disney and Amazon had fulfill their responsibility accordingly. Chinese employers have NOT, and too coward.

    • @siliconvalleyengineer5875
      @siliconvalleyengineer5875 Před 5 měsíci

      @@SaintSaint Your spot on correct. I thought I mentioned that if they are unionized they must give notice of a pending shutdown. All businesses here in states make the employees pay into unemployment insurance and social security. However, some criminal business owner deduct the unemployment and social security, federal and state taxes and keep the money, causing seriuos problems to the laid off employees

  • @ardiisme
    @ardiisme Před 5 měsíci +1

    Its so sad knowing that this will happen globally too. The great global depression 😢

    • @ROMVS
      @ROMVS Před 5 měsíci +1

      they've been saying that for how many years now... are you perhaps Russian?

  • @Aging_Casually_Late_Gamer
    @Aging_Casually_Late_Gamer Před 5 měsíci +2

    Were seeing the layoffs here too.
    The greatest depression is coming

    • @SaintSaint
      @SaintSaint Před 5 měsíci

      google "unemployment rate usa" we aren't seeing the layoffs you think we are seeing... also, I'm more secure in my job than I've been in a long time.

  • @atombomb6719
    @atombomb6719 Před 5 měsíci +1

    Outrageous 😮

  • @slammerlo510
    @slammerlo510 Před 5 měsíci +1

    Cloning manufacturing hubs are closing because no one buying it excess old inventory.

  • @user-cx1ud5ic9j
    @user-cx1ud5ic9j Před 4 měsíci

    Imagine when you go for holiday spend as many of your money but when you back to work your company already gone and you become jobless 😮😮

  • @yeohliangim2939
    @yeohliangim2939 Před 5 měsíci +1

    I am so sad to hear hope they get back a job soon😞

  • @BlackYellow07
    @BlackYellow07 Před 5 měsíci +12

    Looking forward to trying piss eggs and fake beef grilled in sewage cooking oil

    • @oldschool8432
      @oldschool8432 Před 5 měsíci

      Gutter 🛢 piss 🥚🥚 fake 🥩

    • @YourHineyness
      @YourHineyness Před 5 měsíci

      Don't forget the sauteed bat's heads in duck entrails. I hear they're to die for.

  • @patriot388
    @patriot388 Před 5 měsíci +7

    I feel very sorry for the Chinese people! Hopefully, things will pick up for them.

    • @Redcloudsrocks
      @Redcloudsrocks Před 5 měsíci +2

      It is sad but the people are also part of the reason they now have issues, they never sowed any seed and never complained, always spat on those below or outsiders and now it all comes crashing down with no trust

    • @heroes8844
      @heroes8844 Před 5 měsíci

      Haha, u might begging when they come for u

    • @SaintSaint
      @SaintSaint Před 5 měsíci

      @@Redcloudsrocks Sort of, but not really. Many Chinese are very nice people. Many Chinese are just as you said. Mao did Chinese culture no favors, but not all Chinese families/values were ironically destroyed by him.

  • @farson67
    @farson67 Před 5 měsíci +3

    I do not wish I’ll in these poor people just trying to make a better life. Their government sucks and they are in the system.

  • @gigirys9948
    @gigirys9948 Před 5 měsíci +1

    Here company would give you a chance to find new work and severance pay. We have unemployment. blessings to you 🙏, prayers for the people that lost their jobs. 😢

  • @colberthunter12
    @colberthunter12 Před 5 měsíci +2

    They should have been out protesting their president expanding their military and threatening Taiwan which is no threat to China when everyone thought China was non threatening, China was prosperous then their president got dreams of grandeur and wanted to be number one in the world and the world investors said no thank you and are setting up business in Vietnam, India and other south east Asian countries.

  • @danillobanov3359
    @danillobanov3359 Před 5 měsíci

    if your boss said that company is family, you must run from this company. It's Red flag

  • @haokieto0
    @haokieto0 Před 5 měsíci +2

    the boss didn't break news before the new year because he wants people to spend money. and after they spent ALL their money on red envelopes and gifts, they come back with no income. Double jeopardy.

    • @stormryder4305
      @stormryder4305 Před 5 měsíci

      Not only it waste time to go back only to get laid off, but cost transportation, car fuel, train tickets etc...

  • @stateofsurvival8457
    @stateofsurvival8457 Před 5 měsíci +1

    So ...I see no one with a job...my question is..who are the people that still have jobs? Are they mechanics, plumbers, electricians?

    • @kem3456
      @kem3456 Před 5 měsíci

      The Trades will always be a good industry to be a part of. You could start your own business if you wanted.

  • @168tsai8
    @168tsai8 Před 5 měsíci +1

    So Macau casinos will probably perform poorly this year? Asking from Las Vegas.

  • @SeeTheWholeTruth
    @SeeTheWholeTruth Před 5 měsíci +2

    Dont simply interview with management. Interview the employees. Know what you are going to deal with.

    • @ratheeshrajendran2660
      @ratheeshrajendran2660 Před 5 měsíci

      In all Indian software and tech support companies employees are treated by their relationship with the bosses. Employees in first place recruited by on linguistic and racial preferences. India as a whole country has authentic linguistic communities and a HR or a Team leader in a MNC prefers his own linguistic community as his subordinate. Most of the interviews are never neutral and most of them are staged as referred candidates just get selected. In India most of the tech companies run interviews only to boast them as neutral to the public. Bosses carefully asses the community and linguistic traits of the colleagues all the time. In mass recruitments many get enrolled but over the years preferred people who have found the bosses of their own linguistic community can climb the ladder irrespective of how dumb they are but those who haven't found one will be thrown out. Indian software institutions are the most clumsy organizations where many talent lacking professionals make a good life because of their community preferences. This is why India as a country ends up in serving to the west. A mass awareness program have to be conducted to enlighten upcoming college graduates not to take employment opportunity as many of them get blindfolded behind those glass doors. Upcoming graduates never know the community preferences in those working environments so they envision those MNC's as an achievement to get in to it. Instead the upcoming generation have to be given awareness of these communal atrocities in those MNC's and graduates should be encouraged to create their own ways and endure suffering instead of getting into those MNC's.

    • @stormryder4305
      @stormryder4305 Před 5 měsíci

      The first few minutes is the interviews with the employees.

  • @Bigrignohio
    @Bigrignohio Před 5 měsíci

    For that first company, I see a LOT of saleable items in that office.

  • @chy03001
    @chy03001 Před 5 měsíci +7

    I hate to say it, but the bosses that waited until after the new year to start layoffs are still better than the ones who started laying off people before the new year. Here's hoping people bounce back.

    • @Joel-wx7zk
      @Joel-wx7zk Před 5 měsíci +1

      It sucks but I get it, the bosses wanted them to at least enjoy the holiday without stressing about looking for work

    • @iamamoghalfmanhalfdog5325
      @iamamoghalfmanhalfdog5325 Před 5 měsíci +5

      You think they would rather waste money and time than not enjoy new year spending like they still had a job?
      Imagine getting ready for work commuting going to bed early and then getting a bomb dropped on you .
      Waiting was an excuse like a kid not telling his parents he lit a curtain on fire until they hear the fire alarm

    • @SaintSaint
      @SaintSaint Před 5 měsíci +4

      I guess everyone has a preference. However, I'd rather hear BEFORE I spent all of my gift money.

    • @iamamoghalfmanhalfdog5325
      @iamamoghalfmanhalfdog5325 Před 5 měsíci +1

      @lazilyordinary. yeah pretty much it was a gutless move

    • @surfside75
      @surfside75 Před 5 měsíci

      It's much worse after new year. These people thought they had a secure job so left for new year spending thousands just to come back to a lay off😢

  • @quackersna
    @quackersna Před 5 měsíci +3

    Id like to feel bad for them, but im old enough to remember when our own factory workers went through this due to their jobs being shipped to china. Its probably not a wise idea to become adversarial with your largest trading partner. We can manufacture those goods in jndia and no consumers will even notice.

    • @petergray2712
      @petergray2712 Před 5 měsíci

      Those factory jobs went overseas because a bunch of old white guys in a boardroom decided they could make obscene amounts of money in a country where wages were one step above pocket lint. And if another country after China offered the same deal, they'd move jobs there in a heartbeat. The bloodsuckers are among us. The CCP was just a contractor.

    • @YourHineyness
      @YourHineyness Před 5 měsíci

      I suppose that if it was a bunch of black guys or Comanche Indians then you would be fine with their decision? How about trans-genders, would they work too? You are either a self-hating white guy or a racist.@@petergray2712

  • @MinhLe-ef6cs
    @MinhLe-ef6cs Před 5 měsíci +1

    AI, Real Estates crash, high employement on youth, for closure, closure of shops, conscription.. and society is changing fast. In the west is also going bad too: with migrants influx and for closures. World crises is here already.

  • @fortex24
    @fortex24 Před 5 měsíci +1

    chinese citizens need to ask themselves if taking Taiwan and making a few fake islands is worth all this economic misery. Is a little dirt really worth a life of suffering?

  • @Alex.8081
    @Alex.8081 Před 5 měsíci +4

    Xi Jinping 5.2% GDP is simply Fiction Amazing 😂 😂

    • @stormryder4305
      @stormryder4305 Před 5 měsíci

      Next year he will also says 5.0+%. And the year after. He is so amazing to be so predictable.

  • @fanglethorpe
    @fanglethorpe Před 5 měsíci +10

    Take the furniture as partial compensation...

    • @wheezysqueezebox7651
      @wheezysqueezebox7651 Před 5 měsíci +1

      You would probably be arrested, for theft!

    • @fanglethorpe
      @fanglethorpe Před 5 měsíci +2

      @@wheezysqueezebox7651Why would ya? The boss isn't coming back, he is too busy dodging creditors.

    • @SaintSaint
      @SaintSaint Před 5 měsíci +2

      @@wheezysqueezebox7651 Possibly. Possibly not. At this point though, it's better than being homeless.

    • @wheezysqueezebox7651
      @wheezysqueezebox7651 Před 5 měsíci +2

      @@fanglethorpe Those facial recognition cameras, seem to be everywhere, in China!

    • @wheezysqueezebox7651
      @wheezysqueezebox7651 Před 5 měsíci

      @@SaintSaint I doubt that being in a Chinese prison, is better than being homeless!

  • @michaellafleur15
    @michaellafleur15 Před 5 měsíci

    Pretty sad for many young people. Prospects are bleak.

  • @gilbertahsam643
    @gilbertahsam643 Před 5 měsíci +1

    The whole world are hurting with a bad economy. Because of rich countries helping poor countries. Money is real tight at this time. America is hurting too because of migrants coming to America for a better life.

  • @tonytravels2494
    @tonytravels2494 Před 5 měsíci +1

    The CCP made life so hard nobody wants kids

  • @midimusicforever
    @midimusicforever Před 5 měsíci +1

    OOFconomy goes OOF yet again in China!

  • @juanlugo3982
    @juanlugo3982 Před 5 měsíci +12

    What was that frozen look cartoon shit😂😂🇺🇸💪🏾

    • @michaelturner4457
      @michaelturner4457 Před 5 měsíci +1

      I suspect the AI and CGI screwed up.

    • @mickfitz76
      @mickfitz76 Před 5 měsíci +7

      Hiding her identity. Fear of speaking out.

    • @juanlugo3982
      @juanlugo3982 Před 5 měsíci

      That shit looked corny

    • @user-qd4td7yb8e
      @user-qd4td7yb8e Před 5 měsíci

      The US flag is more shitty.

    • @juanlugo3982
      @juanlugo3982 Před 5 měsíci +1

      @@user-qd4td7yb8e What happens say something you punk bitch

  • @5nowChain5
    @5nowChain5 Před 5 měsíci +1

    Its cheaper to just get on a flight to south america or Europe and walk away from china and leave bank debts and bad employers behind.

  • @g.mendoza8138
    @g.mendoza8138 Před 5 měsíci

    Awesome! 👍😊👍

  • @lightclawshadowmarsch8167
    @lightclawshadowmarsch8167 Před 5 měsíci

    Same for other businesses paying more should include better quality products an better pay for the employees that make it

  • @kedarbarve5884
    @kedarbarve5884 Před 5 měsíci

    China Observer , Detailed Report ! However laying off People after Holidays is extremely foolish & non- humanitarian. People can use to holidays to make their resume , search for jobs or extend their visit back home until decent paying job is found . Their old parents or grandparents would certainly appreciate it .

  • @lightclawshadowmarsch8167
    @lightclawshadowmarsch8167 Před 5 měsíci

    I can understand paying more for meals if the increase is going to benefit the employees.

  • @__unwavering
    @__unwavering Před 5 měsíci

    When the red packet has a pink slip in it.

  • @chesterstevens8870
    @chesterstevens8870 Před 5 měsíci +2

    Everything is falling apart; and at this point I can't but laugh. I think this is what Evola mesnt when he yalked about riding the Tiger.

  • @donaldsherman660
    @donaldsherman660 Před 5 měsíci

    WERE TIRED OF POOR QUALITY CHINESE GARBAGE WALMART

  • @garelalexandre3252
    @garelalexandre3252 Před 5 měsíci

    happy new year ...

  • @teinmeizeshi5209
    @teinmeizeshi5209 Před 5 měsíci

    That is strangely considered, the boss delivered the bad news after the vacation.

  • @user-zz5wt8bm5t
    @user-zz5wt8bm5t Před 5 měsíci +2

    I think you should stop using the term « retaliatory consumption « . I think it’s a poor usage in English. Try something like « rebound consumption « which more accurately describes the phenomenon. Love your channel!

    • @SaintSaint
      @SaintSaint Před 5 měsíci

      I second this. While some people are likely retaliatory in consumption, it's weird to put everyone in this camp. But don't beat yourself up over it. "retaliatory" isn't an absolutely terrible word either .

    • @YourHineyness
      @YourHineyness Před 5 měsíci

      "Retaliatory consumption" does sound a bit like "malicious compliance" doesn't it?

  • @beaulieuc8910
    @beaulieuc8910 Před 5 měsíci

    having kids and cars are unnecessary expenses, people can be made redundant any time. don't make it worse by having kids and cars

  • @MoonDog991
    @MoonDog991 Před 5 měsíci +1

    I guess telling your employees they are laid off after a holiday is cool, but then again you might not spend so much.

  • @peta333
    @peta333 Před 5 měsíci

    You have to ask yourself, does this Russian government model really work for Chinese, even if there are “Chinese characteristics” as the government insists it does?

  • @lightclawshadowmarsch8167
    @lightclawshadowmarsch8167 Před 5 měsíci +1

    No its too expensive to eat out and with shady restaurants cutting corners on meals in exchange for higher profits. Its cheaper and safer to eat at home

  • @markmoreno7295
    @markmoreno7295 Před 5 měsíci

    Odd? 14:10 sounds like it is considered lazy to stay at home and cook for yourself. Here it is lazy to go out instead of cooking at home. It is also more expensive to go out.

  • @mizpike1683
    @mizpike1683 Před 5 měsíci

    I had to come to your page to play this video!? Weird.

  • @ninjamalec
    @ninjamalec Před 5 měsíci

    Ok.... So what can we buy in bulk and resell for massive profits?

  • @Ukie88
    @Ukie88 Před 5 měsíci

    Happy lay-off year.

  • @lightclawshadowmarsch8167
    @lightclawshadowmarsch8167 Před 5 měsíci

    And better safety regulations on the job and government benefits if get hurt on the job. Based on the severity of the injuries

  • @gregmcqueen4540
    @gregmcqueen4540 Před 5 měsíci

    This is funny 😄, now maybe people won’t be making fun of foreigners and how they are drifters with no money, no homes and no stability

  • @yaeguesca
    @yaeguesca Před 5 měsíci

    Has she tried closing and opening the front door again?

  • @kem3456
    @kem3456 Před 5 měsíci

    Maybe to prosper, they need to start creating their own jobs. Start your own business.

  • @emigratednorwegian411
    @emigratednorwegian411 Před 5 měsíci

    Will the nowaday's leadership of the PRC see a Chairman Mao Tse Dung's Culture Revolution a the most perfect solution of its country just these day's miserable development?. And no matter how much a fiasco this past's 10 yrs Culture Revolution 1966 - 1976 was. "We must give a Chairman Mao Tse Dung's Culture Revoltution once again a new chance". A suitable argument from this today's Beijing govt ?

  • @Pfsif
    @Pfsif Před 5 měsíci

    Sometimes owners/bosses are just Sadistic.

  • @spekterum
    @spekterum Před 5 měsíci +1

    Xi Jin Ping has failed its belt and road adventure. Goodby uncle, your time is ending.

  • @gigirys9948
    @gigirys9948 Před 5 měsíci +1

    Ohh how 😢🙏😞🙏

  • @Koppu1doragon
    @Koppu1doragon Před 5 měsíci

    "Knowing I was six months pregnant I was still laid off." Yeah no they laid you off because you were pregnant got to get out of that maturity leave.

  • @theartofwanderlust
    @theartofwanderlust Před 2 měsíci

    so just like the stunt Bestbuy pulled in Canada

  • @chado1231
    @chado1231 Před 5 měsíci +1

    a land of no social and employment laws - screwing each other, what a great country hahah

  • @HavocHerseim
    @HavocHerseim Před 5 měsíci +1

    good thing the boss let you think you still had a job and let you spend money like it... only to rug pull you.
    lmao... and he thought he was the good guy!?

  • @riharikaa809
    @riharikaa809 Před 5 měsíci

    All show and no go.