Even Tengying Group, which had an excellent reputation in the market.
In mid-October 2018, they began a massive round of headquarter layoffs.
You can imagine what it's like for other big companies.
If anyone could put a creative spin on layoffs, it would be Mr. Ma.
According to him, it was about supplying the society with outstanding talent from Alibaba.
Layoffs are layoffs, a matter that those who are let go find difficult to discuss.
No matter how great the external turmoil, Pingsheng would never distort the facts in communications.
He openly admitted that the company's operations over the years were less than ideal.
Whether in running a business or in life, one should be good at self-reflection.
Of course, with the arrival of major changes in the real estate industry.
Traditional industries as well as the internet economy have been declining year by year under this impact.