What's wrong with me being a rich man?

Chapter 171 Smashed to pieces
Luo Bingquan was parachuted into ChinaHR.com as CEO last year. Prior to that, he was a senior executive at an insurance company.

He came from Hong Kong and had a good resume, so he was favored by the major shareholder, Monster Company of the United States.

But he could not reverse the decline of ChinaHR.com.

In fact, the outside world is not too critical of this, because it coincided with the financial crisis and the overall environment was indeed not good.

However, according to the latest revelations by Bai Xiaosheng, this person’s image within the company has collapsed.

——Luo is just a second-rate guy!
This title was highly recommended on the Bai Xiaosheng Forum, and it explains Luo Bingquan's working style.

"He's from Hong Kong, and he thinks he's so awesome. He's really arrogant. When I went to his office to report on my work, he threw the plan in his face!"

"Luo Bingquan is a man who supports gender equality!"

"It doesn't matter if it's a man or a woman, he'll just hit you in the face, just to humiliate you!"

"And the guy from IBM is a moron. The first thing he did when he came in was to lay off the KA team! But after laying off a lot of people, he found that he couldn't recruit new KAs and stopped laying off again! The whole company was in an uproar. Who the hell would stay? Many of them went directly to Zhaopin! The KA team has been destroyed!"

"You're the one who was parachuted in to start factions and fights. You even said at the general staff meeting that you had a bad relationship with Shencheng's vice president, which made it impossible for Shencheng to carry out his work. This is the professionalism of your elite executives!"

In addition to appointing Luo Bingquan as CEO, the American company Monster also parachuted in an IBM executive to be the president of the China region and general manager of Shanghai. This time, he was also criticized by internal employees.

The KA team that was mentioned prominently is the abbreviation of Key Account, which literally means "key customer" or "key account", which is what we often call the big account sales team.

The current recruitment industry generally relies on orders from medium and large enterprises, so there are naturally complaints within ChinaHR about the chaos caused by this core team.

In just half a day, Bai Xiaosheng's revelations had revealed the internal conflicts of ChinaHR.com.

According to Lv Haiying's estimation, this kind of thing is far from being a verification of the platform mechanism. At most, it can only be regarded as a hot event within a week. With the increase in the number of users, part of the company's employees' energy has shifted to reviewing and processing content, and the construction of a review team has also been put on the agenda.

It’s just that Bai Xiaosheng is a little desensitized. Luo Bingquan, who came to participate in the event today, encountered this kind of revelation for the first time. After simply reading the vivid description, he felt the blood rushing to his brain!

Retaliation!

Naked retaliation!

In a rage, Luo Bingquan didn't even plan to attend the meeting. However, when he was reminded that the founder of Bai Xiaosheng was also present, he immediately came to confront him in a rage.

Yu Xing looked at him and was puzzled: "Are you Luo Bingquan? Why are you throwing things at his face?"

"I didn't!" Luo Bingquan immediately denied, "You are spreading rumors!"

"You didn't just throw it at one person. I'm wondering, what kind of character do you have?" Yu Xing was also surprised by the negative information he saw. "You're not a founder, and you don't have any prestige. How can you be so powerful when you've only been in the company for a few months?"

Luo Bingquan denied it word by word: "I! Didn't!!"

Li Guoqing, who was standing next to him, was watching the excitement with great interest. He knew what was going on from the conversation and fanned the flames, "This is Mr. Luo, right? Mr. Luo, we can't treat our employees as if they were human beings. No matter how angry you are, you can't humiliate others like that. But then again, it's meaningless for Bai Xiaosheng to expose some information at this time. He must be trying to discredit his competitors."

Luo Bingquan glared at Yu Xing and warned him, "Yu Xing, delete your post immediately, or you will be held legally responsible!"

"Of course Bai Xiaosheng is willing to take the corresponding responsibilities, but Mr. Luo, as a CEO, do you have to lie with your eyes open? Whether you threw it or not is not just one or two people's fault." Yu Xing has experienced a lot, and he was not moved at all when he encountered such warnings. "If you insist on saying so, then let's invite all kinds of media to openly confront each other tomorrow."

Luo Bingquan couldn't help but look away, and after two seconds he looked back: "Yu Xing, you just want to change the subject. Your way of poaching people from Zhaopin.com is a violation of the contract. Don't think that you can solve the problem by attacking and spreading rumors like this!"

Before Yu Xing could speak, Li Guoqing had already grasped the point and asked, "Wait, wait, Mr. Luo, from what you said, did you throw the document in someone's face?"

Luo Bingquan was silent for two seconds, then explained, "I can't remember clearly. The company's performance was not good, and I have an impatient personality. Occasionally... maybe there was."

When Li Guoqing heard this, even the false accusations came out.

He immediately carried forward the spirit of his predecessors: "Boss Luo, you may be impatient, but you also have to pay attention to your methods when working. Look, now you have been caught by someone."

Yu Xing looked at the excited Li Guoqing and said directly: "Boss Li, how good are you? Didn't you throw away a guy named Li Bin who worked with you before?"

Li Bin is Li Guoqing's junior. He also worked at Dangdang before, but later left to establish Yiche.com. Later, he went into new energy and founded "NIO".

When Li Guoqing heard Yu Xing say this, he was completely stunned.

This is true, but the question is... how did Yu Xing know this? Did he also know Li Bin? Or did Li Bin just chat about this with others when he had nothing to do?
He suddenly heard things about himself and was completely shocked. Is he really a "know-it-all"?
Li Guoqing looked at Yu Xing, whose eyes were sharp, and answered subconsciously: "I, I can't remember clearly."

The next second, he suddenly realized what was happening, and seeing the way Luo Bingquan looked at his fellow travelers, he immediately said in shame and anger, "What a mess! Both of you are so weird!"

Li Guoqing stopped watching the fun and returned to his seat, but soon moved two seats to the side.

Luo Bingquan's temper cooled down a bit because of Li Guoqing's interruption. He was not so angry, but he still insisted: "Yu Xing, since you claim that Bai Xiaosheng is a responsible platform, now for your own business, you deliberately retaliate. Do you think you can continue like this for long?"

Yu Xing pondered and said, "Why don't I understand what you said when you put these words together?"

"Your platform stands on the moral high ground, but now you are playing these games yourself. Do you think the users can't see it?" Luo Bingquan lowered his voice and suppressed his emotions in his words.

"Surviving is more important." Yu Xing smiled. "You are going to ban me. I can't even survive. Why would I care about this and that?"

Luo Bingquan was really angry and anxious, worried that a fire would break out in the backyard.

He took two breaths and told the truth: "I'm just talking! I can't ban you!"

Yu Xing pointed at the host who had already walked onto the stage, and finally replied: "I am just providing a platform for everyone to speak. Don't worry, Mr. Luo, it's okay. At most you will lose your job." Luo Bingquan bid farewell to Yu Xing with a meaningless glare and returned to his seat with a grim face.

He came to attend this event today, actually he wanted to expand the resources of major customers.

However, after Bai Xiaosheng made that revelation, he always felt that someone was watching him from behind, or even laughing at him, so he felt very uneasy throughout the entire meeting.

It turns out that he was right to be nervous.

From taking over last year to July this year, the two elites and their people have been in charge of ChinaHR for nearly a year. As a result, the performance has not improved but deteriorated, the core departments have been severely damaged, the local business has stagnated, and the market share has shrunk rapidly. The most direct impact on employees is that they have received less money.

In the same recruitment industry, 51Job is profitable. Even Zhaopin, which is also losing money and even has internal strife, is still doing well. Look at these two idiots in their company...

Just talking about data! No discussion of reality!
In his revelations on the second day, Bai Xiaosheng revealed more information about ChinaHR.com rather than Luo Bingquan himself. One of the pieces of information that shocked the employees the most was the further reduction of the promotion budget.

——"I am sure that the company's marketing investment will be reduced to tens of millions of Chinese yuan next year. How can we work? With the marketing expenses reduced so much, all kinds of crappy departments are trying to block the sales team. They are not allowed to do this or that this year. They might as well die early!"

——"Boss Luo is a genius. He is a financial professional with strict requirements on input-output ratio. He thinks there is no need to give any rebate to customers and no need to do any marketing. Hey, the middle and senior management are gradually replaced by people with foreign backgrounds. It's amazing. I want to see what the end of ChinaHR will be."

Outsiders may not think there is anything wrong, but the people at ChinaHR are extremely sensitive about budget issues.

This is because the company's marketing expenses this year are around 1 million yuan, and now it has been revealed that the budget plan for next year was 1000 million yuan, which has suddenly shrunk to one-tenth. Can this company still develop?

Luo Bingquan looked down on market promotion and refused to provide rebates at the internal meeting, which was directly reflected in the company's daily operations.

Conservative promotion, stuck sales, serious internal strife, incompetent management... This is the true situation of ChinaHR.com at this time as shown by Bai Xiaosheng.

Three words: terrible.

Yu Xing did not provide any relevant guidance after hearing Luo Bingquan's "ban" remarks, but he and the Bai Xiaosheng platform became the carrier of anger for many employees of ChinaHR.com.

Such a terrible company still has a leader who acts so powerful to the outside world and even bans others at will. This has not only ignited everyone's anger, but also made people completely despair about the company's future.

If there was no Bai Xiaosheng, these anger would only be sporadic expressions of repression, but with a safe enough platform like Bai Xiaosheng, the despair gathered together burst out with power.

On July 7, the sieve-like ChinaHR website once again broke the news that Luo Bingquan's work arrangements at a high-level meeting were directly rejected, causing an argument in the meeting room.

The situation had calmed down after the lunch break, but it solidified again after the platform broke the news in the afternoon. At one point, the sales department employees blocked the president's office and demanded a reasonable explanation.

First, several local branches have already had half of their staff laid off. How many people does the company plan to lay off?

Second, is the promotion budget cut true? If so, there must be a reasonable explanation for the change from 1 million to 0.1 million!

Third, it is said that the company's platform will be upgraded to the American Monster platform. Is this true? If it is true, the sales department requires a review of this decision, because foreign platforms do not conform to the habits of domestic users at all, which will directly cause a large number of users to leave.

Fourth, we demand that Luo Bingquan publicly apologize for his insulting behavior!

The internal conflicts of ChinaHR.com broke out directly. However, Luo Bingquan, who was blocked, maintained his arrogance, refused to apologize, and did not explain the company's plans and decisions at all.

The two sides were in a stalemate for a long time, and it finally came to an end with Luo Bingquan also being hit in the face with a document.

The work of ChinaHR.com was paralyzed for a while.

Thanks to Bai Xiaosheng's help, Luo Bingquan seemed like a transparent man. His actions were anonymously exposed by different employees. In addition, two peers, Zhaopin.com and 51job.com, took the opportunity to show up and expressed their willingness to recruit the heartbroken employees of ChinaHR.com.

The chaos at ChinaHR.com continued until August, and the so-called ban, which was already difficult to achieve, completely disappeared.

Liu Jiankai of Capital Today saw the bleak situation and called the instigator, exclaiming, "Mr. Yu, you really messed up ChinaHR!"

"What are you talking about? It's just showing how messed up it already is." Yu Xing was very calm, "Besides, part of the responsibility for this matter is also on you."

"What's the matter? Did you see me anonymously supporting the post in the background?" Liu Jiankai said with a smile.

Yu Xing pointed out a problem: "This parachuted team doesn't trust local people at all. One reason is that you did have problems before. You were arrogant to begin with, and now you are even more unwilling to ease the conflict. Who do you think is to blame?"

"Uh, yesterday, um..." Liu Jiankai shirked the responsibility without having to finish his sentence.

Yu Xing sighed, "So, sometimes I have certain emotions towards Mr. Xu and you guys. Can you blame me for that? You guys are laughing and joking now, but when we disagree, you change your faces faster than I do."

Liu Jiankai complimented, "No, no, no, that's impossible, Mr. Yu, you are the fastest to change your expression."

"Since you called, let's take over the recruitment business from us." Yu Xing said with a smile, "You are investors, so please support us. Our business will officially start this weekend."

Liu Jiankai's heart was lifted: "Great, we at Capital Today will definitely support Bai Xiaosheng. Starting from this weekend, Mr. Yu, you are not only going to destroy ChinaHR's reputation, but also its market!"

"I'll charge you 100 million for a five-year recruitment package. This will be counted as my order. The discount and rebate will be given directly to you, and I'll keep 88 for good luck." Yu Xing mentioned the specific figures.

When Liu Jiankai heard this, he said politely, "Boss Yu, on my behalf, I absolutely support Bai Xiaosheng! For matters concerning the company, you should call Boss Xu."

Yu Xing sneered and heard a knock on the office door. He then saw the second-in-command come in with a notebook and quickly saw the contents of it.

A special report from Penguin, titled "Uncovering the Traffic Business Secrets of Bai Xiaosheng".

Yu Xing hadn't read the content yet, but somehow a title suddenly popped up in his mind - "Uncovering the Penguin xxxx"...

(End of this chapter)