Shulou(Shulou.com)11/24 Report--

CTOnews.com August 28 news, according to Caixin reported, recently, a number of Shangtang current and former employees confirmed that the company's new round of layoffs, involving a number of departments, as soon as a week to leave.

Several Shangtang technology employees said the layoffs were large. An employee of the Smart City and Business Group (SCG) said his department had laid off about 10 to 15 per cent of its quality centres and assigned the task of product quality inspection to each group. Another SCG employee said that some products, whether profitable or not, are in a state of maintenance and do not make new versions. According to an employee of the Intelligent Industry Research Institute, the institute has laid off about 10% of its staff this round.

The employee said that the compensation standard for the layoff is "N (annual length of service compensation for one month's salary) + 2", plus the payment of social security for nine months, and the compensation for some employees and fresh students whose contracts are not renewed at the expiration of the contract, the compensation is "Never1".

In response, Shangtang Technology officially responded: "as a fast-growing science and technology startup, Shangtang Technology focuses on future strategic growth areas, including general artificial intelligence." The company makes corresponding strategic adjustments according to the changes of the market environment and its own development, and optimizes the organization and talent structure in order to better meet the needs of business development. At present, the overall development of the company is good, and outstanding social talents and college graduates will continue to be introduced. Shangtang Technology is full of confidence in the long-term value and future of the Group. "

According to the financial report of CTOnews.com inquiry Tang Technology, the company's total revenue in 2022 was 3.809 billion yuan, down 19% from the same period last year; gross profit was 2.542 billion yuan, gross profit margin was 66.8%, net loss was 6.093 billion yuan, and adjusted net loss was 4.736 billion yuan.

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