The company is beautiful
The company brought in a consultant, Yuan Mullin.
He previously worked at Want Want and Wanda Pet.
https://www.qollie.com/comments/5ae91a30591d9c00daeb9d78
Four years ago, when I looked into his record at Wanda Pet, it was the same as now:
He takes credit for everything, constantly framing people and claiming all their achievements as his own.
He keeps holding meetings and calling them classes, but they are all just listening to him bluff and tell stories.
He said he would take the company public, but the company’s performance has declined to this point. It would be a miracle if it does not collapse.
He constantly transfers personnel, claiming it is for learning, but in reality he is forcing people out and ostracizing them until those he dislikes resign.
He installs his own people, who receive high salaries but do no work, and calls them elite reinforcements even though they cannot do anything when they arrive.
He forces employees to participate in group purchases, and they can only buy Homopod mini, iPad Pro, earphones, microphones, and wheel rims from him.
Employees have paid more than a million in group purchases. The prices are higher than market prices; he says it is insurance, but he takes the extra equipment and price differences for himself, and even the boss dares not say anything.
The company buys piles of computers, cars, desk lamps, and Wi-Fi equipment. I do not know what they are thinking.
He forces employees to transfer money to him, ranging from NT$1,000 to several hundred dollars, claiming it is tuition for classes.
Every employee is required to borrow money, with each person borrowing several million to invest in the company he established.
After work and during holidays, he forces employees to write reports and reflections and make recordings, with deadlines imposed. In the middle of the night, he makes employees listen to music with him until dawn.
The first thing after the New Year holiday was to make employees write a list of layoffs for their own departments, while threatening them not to share it.
Every day he says Mingyao is going under and tells employees to sell their shares quickly and resign quickly.
Look at Wanda Pet’s history:
He installs his own people, gets others removed, ruins the company and dilutes the equity, then opens a holding company to invest and acquire it.
Very familiar.
I do not know what the boss is thinking.
How could he turn such a good company into this?
Anyone who sees this, take my advice: do not join this company.
The world is beautiful. You deserve better.