LeTV made some employees temporary work before layoffs in North America: no compensation needed

This time, LeTV that had been short-lived in the United States for a short time was really out of the blue - the entire office area went empty; the team that Jia Yueting had boasted to quickly expand to 12,000 people may currently be less than 50 people; Companies that claim to “buy money” to acquire US companies for US$2 billion have in the end gone to great difficulty in the severance payments of their employees; even we have pictured the company’s bleakness to the point of using low-cost US second-hand websites. Each unit sells desks, furniture...

Jia Yueting’s big show of “contending for the United States” finally ended in dismal progress.

People go empty

In the afternoon on Thursday afternoon, in the midst of the mid-sized technology company in Silicon Valley, the corner of San Jose's No. 1 Street looked rather deserted - an empty parking lot with no employees. What is even more tragic is that most of the office buildings are dark and even the lights are too lazy to open.

LeTV North America Park

The current owner of this building is LeTV from China. And here is Jia Yueting's “North America Headquarter” that was constantly mentioned and shown off in 2016.

A year ago, sitting in this building, Jia Yueting, a foreign employee who claimed to be “YT”, sat on a “throne” that was gorgeous enough to allow American employees to exaggerate, telling every employee here – Let’s formally Enter the United States, and will build a new ecological park on the acquired land of Yahoo, and expand the scale to 12,000 employees.

Standing in an empty, fragile parking lot, watching the private cars of the 27 employees who were only parked in front of them, they recalled that after the company had just rented the 7,000-square-meter office park in the United States, Jia Yueting shouted out loud rhetoric. It was like watching an entire farce.

LeSay Park in Silicon Valley empty parking lot

Parked the car and walked around the entire building to discover that it was even worse than previously thought - one half of the building was completely black.

While the office area on the side where the lamp was barely lit was filled with desk chairs, only one female employee sat there alone and did not know what was busy.

The same feelings that I have also include two U.S. employees working on another technology company, F5, across the road.

On the same day, the parking lot of another technology company across the road was completely stopped.

"This is (empty) for a few months. People go further and fewer, until almost everyone is gone after this week's layoffs." Seeing me as an Asian face taking pictures, they came to chat with me and even wanted to I got more gossip about this fast and fast Chinese company.

Everything sold

"Do you come to buy a desk?" A young man in red asked me at LeTV's building.

"No," I answered truthfully.

"Then you bought a computer? It is said that their MacBook pro is currently very low-cost, all employees are sold after the sale." He told me that he knew that this information is from the Craigslist (the largest US city trading platform) The news arrived.

"I can't understand how such a big company would be reduced to selling desks one by one in that kind of place." He said that in Silicon Valley, a company that mixes with the worst is selling desks and chairs as a whole.

“It's just a surprise to sell a single one.” He mumbled and told me that he first saw contact with Craigslist and found that LeTV was a real seller and really frightened, and it was really expensive for the original price. It is incredible that a stand-up desk can lift 280 dollars for sale. "It's really a dead end."

At this time, a rather emaciated girl came out from a humble little side door in the park and came out with a large table. He looked around and looked extra alert.

“Are you taking pictures?! You say, are you taking pictures??” The girl saw me standing in the doorway of the park not far away, and suddenly chased and grabbed my arm and shouted. "I don't want to get myself into any trouble because of the photos." She told me that reporters have come to patronize every day recently, and China and the United States have it.

Maybe we all know that this company will soon die.

These tables were all given to employees by the company. People were left empty, it was useless to keep the table, and they could return for some money. She told me honestly. "The company does sell a large number of desks and computers for the departed employees at a low price."

Within an hour of my stay in the park, a total of two moving company trucks parked in the park.

“Afterwards, this building may be rented for most of the time.” She looked at the red guy in front of the sun who was dismantling the table.

See the layoff plan

Last week, news of 85% of LeTV layoffs was like a bomb blasting in the Chinese circle of Silicon Valley. However, compared to the limited details of the layoffs released by LeTV, the facts are even worse, unbearable, and even chilling - this is likely to be a long-planned, layoffs show of employees' interests.

"In fact, the entire North American headquarters has long seemed wrong." A reliable source who has already left Lexus' initiative to tell me.

About a few months ago, more people in the office had abnormally chosen work from home for a long time. To be more precise, some of the "eyesighted people" in this office building reached a certain level of understanding - while completing work properly at home, they started to send resumes and find a job.

Until one day two or three months ago, she had been working at home for a while. As usual, she returned to the company and found that the entire office was almost empty.

Before long, she quit her job as LeTV.

"Actually, LeTV didn't start the layoffs recently." This plan has long been secretly conducted, she said.

Her words were confirmed by many LeTV employees in North America.

Joy was regarded as preventing the attention of the media and started its slow batch layoff plan as early as last year and March this year. Several of LeSport's former employees wrote on Glassdoor, the nation's most authoritative evaluation website for employers.

In order to create “the illusion that it hasn’t failed”, Letv North America, which has no money to recruit newcomers, has even played a “pretend to recruit” game since October 2016.

In the Chinese American Engineers Forum “One-a-half acre”, a netizen named jfree811 wrote “Lokoshi onsite after the interview ended LeEco. Please don’t go to this company and freeze has not recruited people”. s post.

“Today went onsite and was told that the whole company had frozen and had no money to find someone. Those jobs posted on the Internet were deceiving. They took half an hour to leave for half an hour and passed... My face (interviewer) followed I said that they haven't been in position right now, but recruiter is constantly planning interviews regardless of position or position. They are also very helpless... He said that they faced a few last month and felt good, but the offer couldn't get out."

Worse than this netizen, someone responded by saying that they had received the offer of LeTV three weeks ago, and then HR had been urging to pick the offer, but after verbally accepting the offer, LeTV's HR would never call and disappear. Without a trace.

What is embarrassing is that, a few days before the netizen posted a message, LeTV also expressed its success at the University of California Berkeley recruitment conference.

“I’m still happy, but currently because of their funding chain issues, I plan to abolish 150 people next month. But the only thing that LeTV did not want to abolish is the social media team – they need to be there all the time, always, here (Glassdoor) and everything else. Places where LeTV is rated as naval forces and fake reviews. LeEco has been lying to the media because they are too scared to influence the decisions of Faraday’s other shareholders in the future.”

For LeTV’s social media team, “Water Military Skills 666”, LeTV’s staff could not stand it any longer, and even satirized the “best social media team” under the one of the advantages of employers on Glassdoor.

"Look at all the positive comments here. Let's be ashamed of this," commented the former employee.

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However, even more frustrating than the commentary on the water army brush, even if we count these false praises, scores of LeTV on Glassdoor have only a small, pitiful 1.7 points.

Of course, a company's operating conditions, capital chain problems, layoffs are often a last resort. However, LeTV’s former employees in Silicon Valley were disappointed and angry at Levision’s calculations during the layoffs.

In an assessment entitled “Jia Yueting's return to Beijing hiding in a turtle shell after a full-blown defeat in North America”, an employee pointed out on May 16 that the company had “retired” its employees “not to be honest” – not only Can not honestly announce the current status of the company, and even continue to paint pies for employees.

The anonymous person said that the North American conference that appeared to be in October last year was actually a failure for LeTV. Jia Yueting seems to be hiding after this, and no longer frequents the United States. The cheesy chair he deliberately sat in before the conference had been put into the storage room for a long time. The ash collection above was higher than the number of desks where employees were dismissed.

“LTV has announced financial problems, but it is constantly telling employees that the company will not lay off employees. Then they will not hesitate to start mass layoffs in the second week of the week – completely ruining your life. "An employee left this comment on Glassdoor."

“HR even persuaded some employees to switch from regular employees to temporary contractors a month or two ago. They said at the time that they had to work overtime, formal employees did not have overtime pay, but the contractor would send overtime pay and more money to hand. "A friend who once worked in music as North America told me.

According to U.S. law and labor union requirements and LeTV’s external description of North America, it is necessary to pay compensation for the retirement of employees. However, when employees choose to turn into temporary workers, they are equivalent to "actively" giving up compensation for layoffs - saving a lot of money for LeTV's redundancy plan.

"It's like a trap." She slyly described music as a "crook."

The scam that has already begun

If LeTV or Jia Yueting is a liar, this scam has already begun.

LeTV’s American employees have issued long messages on Glassdoor expressing anger and disdain for LeTV’s routines. One person registered on Glassdoor as LeTV’s vice president in North America revealed more details:

“LeTV’s publicly announced purchase of Yahoo’s 49-acre property was the ecological park that Jia Yueting had stated to be stationed with 12,000 employees. From the beginning to the present, it was only used on the outer parking lot of Levi’s Stadium.

Starting in July 2016, they announced the largest overseas acquisition by LeTV to date - $2 billion for the acquisition of Vizio. For this reason, LeTV placed a billion in deposit on third-party hosting, but afterwards, especially after the current financial problems, they have been trying to get the money back.

In October last year, on the eve of the announcement of Big Bang’s official announcement that LeTV entered North America, Jia Yueting stuffed nearly 100 employees into a small conference room that could only take up to 30 people, and held a meeting there until late at night. a couple of hours. He sat on his "King's chair" and spoke in English with his intentions.

However, there are still more behind the Big Bang conference. “This scheduled event was delayed on August 2 and was delayed at least twice before it was scheduled for October. In fact, LeTV was not fully ready until October. CMO suddenly withdrew from the company because of the lawsuit of the company. Of course, he eventually did not come to the scene, and even more unable to speak in accordance with the initial arrangements. And to the staff, the company just said that there was a hurry in this high-level home."

Another employee of the San Jose branch revealed more embarrassing insider stories:

“Lecto North America has hired many talented employees from world-class companies including Google, Samsung, HTC, etc. But the management in China has completely refused to listen to these people’s opinions. The Chinese headquarters think that they know the best in the United States. The people in the market, but the disintegration that LeTV (in the United States) is experiencing, just proves that their decision is wrong. Worse, they actually forced us to release some of the uncompleted R&D, unprepared, and even problems ( Bug) product."

"When you tell the company that you are doing something illegal, they will blame you for not being obedient," said one employee.

The employee also talked about an interesting detail about the "King" Jia Yue's repeated visits to "Jiangnan" -

"When Jia Yueting came to the Silicon Valley office and always had a group of 'paparazzi' behind him, he took photos of every action he gave him, no matter where he got there."

"He himself is the biggest fraud. He will hold several meetings before the press conference, where he will treat himself as a king and sit on a delicate (more expensive, more comfortable) chair (the throne). The chair is in Jia Yueting. When it is not there, it will be deliberately hidden. What's even more ridiculous is that every time Jia Yueting arrives, the North American branch will go outside to rent a good piece of furniture to make it look more like a company."

A wake-up call to Chinese companies with American dreams

It is a pity that LeTV is in the United States, but it is also doomed.

If more rational analysis of the entire North American team's big defeat, many employees also pointed out sincere opinions. One of the biggest complaints is the bluffing of LeTV’s headquarters and “does not believe in the local team”. Both the LeEco North America and India teams openly accused LeSuggest of sending “old cadres” from China to correct the decision of the overseas local team, and they are reluctant to listen to even It is a suggestion of a local team with great experience and ability.

What's worse is that most of the LeTV employees in the United States do not understand what the company wants to do. The chaotic management is even worse for the employees who are themselves lost.

An employee complained that “It will not matter if you spend 24 hours on a project, but when you complete the project, your supervisor ran over and told you that the requirements of the entire project changed. So, Leshi employees are There is no balance between life and work, nor any influential output.” He even gave advice on “How fast you can run if you see LeTV’s HR in Silicon Valley”.

Another link to failure, India

Let’s take a short period of time from an unknown outsider to a joke in Silicon Valley. However, letting the company do not want to face more is that, not only in the United States, Leshi’s overseas business in other countries will be like a domino.

And the other one is India.

Judging from Glassdoor's record, LeTV also started an “unsincere” layoff in India in March this year – from the original 350 layoffs to 80, and abolishes about 80% of employees. "India Economic Times" even used the big layoffs in reports as a complete failure of LeTV in India, or even to withdraw from the Indian market.

Although afterwards, LeTV expressed publicly that it denies 80% of the large layoffs as a “phase adjustment”, but it cannot be denied that this “adjustment” really made the lives of more than 200 local employees encounter a dilemma.

A former LeTV India technical team leader left this statement on the Internet on March 10:

“Lokvision resigned 60% of my team's employees, but most of them only gave one month's salary as a meagre compensation. LeTV's HR has its own excuse - poor performance. But how can they see that one has come? After LeTV worked for less than two months, the staff performed poorly. Some people even got only 15 days of wages as compensation for severance! The whole company is a nightmare! Fortunately, I found a job before the next layoff. But when I left, HR threatened me - if they did something wrong they would destroy my service letter, which is a shame for people with years of work experience like me. ”

Regarding the actions of LeTV’s layoffs in India, many local Indian employees publicly expressed their opposition on social media.

“They will dismiss you at any time and will not give you any chance or explanation.” An employee in Bangalore, India even pointed out that LeTV has laid off more than 700 people in his park for two months and LeTV is in Mumbai, India. It has been completely closed.

LeTV's collapse in multiple overseas markets may not be just a curse for the company's employees, but it may soon become a reality.