Workplace reviews and discussion: 東東良品有限公司

The colleagues are very experienced and easy to get along with.

The boss does not distinguish between personal and business finances, using company funds to pay personal expenses (every month, he pays 6–8 personal credit card bills, community management fees, and both the interest and principal on bank loans with company funds). The monthly interest expenses, which run into six figures, are all recorded on the company’s accounts.

　　When you first go for an interview, you may think the boss is very talented, but only after actually joining the company do you discover that he is a “hollow shell”—he only makes grand claims and even withholds employees’ wages. He does not keep his word and has a bad temper. If even one thing does not go as he wishes, he loses control and becomes furious.

Employees may admit when they have made a mistake, but in his eyes he never believes that he is at fault. He thinks everyone should accommodate him and always has an unrealistically positive opinion of himself.

　　The company has a very high turnover rate. Few new employees can tolerate his temper. Seven or eight planners came and went in a little over a month; now, only senior employees can put up with his temper.

　　As mentioned above, he does not distinguish between personal and business finances. As for the unpaid wages...

　　He owns several companies. Dongdong Liangpin is just one of the companies that is losing money. Another company, Company A, is the main operating business. If his personal expenses are excluded, Company A makes a profit after deducting all expenses from its revenue. Last month, Company A’s payment of his credit card bills caused a cash-flow shortage, leaving it unable to pay even its vendors. The accountant had informed the boss of the company’s cash-flow forecast well in advance, but the boss only said he would handle it. Eventually, after the accountant resigned, when the boss could no longer pay his own credit card bills, he hurriedly began arranging to borrow money from a private company. I heard that he managed to borrow the money, and only then did he have enough to pay employees’ wages. However, the accountant who had resigned did not receive her wages. When she asked why, she was told that the boss said: “Because the accountant caused him to have bad credit, he would not approve her wages, so the payment could not be released.” After reading this, what would anyone who is considering applying think? I only want to tell everyone the facts: a company whose boss does not separate personal and business finances has no future at all.