The engagement is over, but the black-bellied president won't let go

In the economic torrent, every ups and downs of the wave may determine the rise and fall of a company. Since the beginning of this year, the gloom of the economic situation has gradually enveloped the market like a thick dark cloud, and the cold wind is biting. Xiao Yiyang's Tianjiao Group has not been spared and has fallen into an unprecedented predicament.

Once upon a time, Tianjiao Group was like a giant ship sailing steadily in the business world. With Xiao Yiyang's outstanding leadership and the hard work of the team, it achieved great results in various fields and continued to expand its business territory. However, during this period, the economic downturn became more and more serious, like an inescapable storm, violently impacting this once indestructible giant ship.

The problem of customers defaulting on payments was like a cancer that continued to spread and worsen within the group. Overdue bills piled up like a mountain, and the phone in the finance department kept ringing, but there was no definite payment commitment from the other party. Those partners who once made promises were now delaying the payment with various excuses, putting Tianjiao Group's capital chain in an extremely tight state.

"Mr. Wang, do you think it's time to settle the payment for our previous batch of goods? We are also waiting for the funds to turn around." There was a hint of helplessness and urgency in the voice of the financial manager Xiao Li.

Mr. Wang on the other end of the phone said perfunctorily, "Oh, Xiao Li, it's not that I don't want to get married, it's just that the company's funds are tight recently. Please give me a few more days, a few more days."

This conversation has been repeated countless times. Xiao Li reluctantly put down the phone and reported to Xiao Yiyang with a gloomy face. Xiao Yiyang frowned, knowing that if this situation continued, the consequences would be disastrous.

At the same time, there was also disappointing news from the bank. In the past, Tianjiao Group had never encountered any obstacles in obtaining bank loans due to its good reputation and performance. But now, facing the overall economic downturn, banks have tightened their credit policies and rejected Tianjiao Group's loan applications again and again.

"Mr. Xiao, the bank still doesn't approve our loan application, saying that the risk assessment doesn't pass." Xiao Zhang, who is in charge of financing, walked into Xiao Yiyang's office with a worried look on his face.

Xiao Yiyang slammed his fist on the desk, his eyes revealing anger and anxiety: "Can't they see the strength and potential of our group? This is simply adding insult to injury!"

Faced with internal and external troubles, Xiao Yiyang knew that if decisive measures were not taken, the giant ship of Tianjiao Group would probably sink in the economic storm. After careful consideration, he decided to implement reforms, starting with a talent inventory and layoff policy.

In order to work out a feasible plan as soon as possible, Xiao Yiyang decided to hold a video conference overnight.

At eight o'clock in the evening, the core members of the group appeared on their respective video screens on time, and everyone's face was filled with anxiety and anticipation.

Xiao Yiyang sat in front of the big screen in the office, looking solemn, and was the first to break the silence: "Everyone, everyone is aware of the current situation of the group. We have reached a critical moment of life and death. The reason for gathering everyone tonight is to discuss a plan that can help the group overcome the difficulties."

Lao Zhang, the manager of the Human Resources Department, cleared his throat and said, "Mr. Xiao, based on the current situation, we have initially drawn up a talent inventory plan. First, we will evaluate employees from multiple dimensions, including performance, work ability, professional skills, and loyalty to the company. For those employees whose performance has not met the standards for a long time and whose work ability is not up to the requirements of the position, we may need to optimize them."

Xiao Wang, the head of the sales department, frowned and said, "However, although some employees' current performance is not outstanding, they have great potential and have also made a lot of efforts in market development. Shouldn't we give them some more opportunities?"

Xiao Yiyang nodded: "Xiao Wang is right. We can't do it in a one-size-fits-all manner. But in this special period, we must ensure that everyone who stays can create value for the group."

Lao Liu, the head of the R&D department, went on to say: “While we are laying off employees, we must also consider how to retain core technical talent. We cannot let this crisis affect the group’s future R&D and innovation capabilities.”

Xiao Yiyang agreed: "This is a must. The R&D team is the core competitiveness of our group, and we must ensure their stability."

Financial manager Xiao Li added: "Mr. Xiao, in the process of layoffs, we also need to reasonably calculate costs to ensure that the funds saved can alleviate the financial pressure of the group."

Everyone was talking at once, and the discussion was very lively. Xiao Yiyang listened carefully and wrote down the key points in his notebook.

Just then, Xiao Yiyang's cell phone rang. It was Leng Ruofei calling. He gestured to everyone and answered the phone.

"Yi Yang, are you still in a meeting so late?" Leng Ruofei's gentle voice came from the other end of the phone. She said she was going to see Chenchen tonight and happened to be staying there.

"Well, the group is in big trouble, and we must come up with a solution as soon as possible." Xiao Yiyang's voice sounded a little tired.

"I know you are under a lot of pressure, but you should also take care of your health. I believe you can lead the group out of the predicament. Is there anything I can do?" Leng Ruofei encouraged.

Xiao Yiyang felt warm in his heart: "Don't worry, dear."

After hanging up the phone, Xiao Yiyang focused his attention back on the meeting.

"Okay, everyone's opinions are very valuable. The Human Resources Department must improve the plan as soon as possible and clarify the standards and procedures for layoffs. At the same time, the heads of each department must also do a good job in ideological work among employees to ensure that the entire process goes smoothly." Xiao Yiyang said firmly.

The meeting lasted until late at night and eventually a preliminary plan for talent inventory and layoffs was determined.

In the following days, the entire group was filled with a tense atmosphere. According to the decision of the meeting, the Human Resources Department began to evaluate the employees one by one. Some employees were depressed when they learned that they might face the fate of being laid off; while those who were confident of staying also worked harder, hoping to contribute more to the group.

During this difficult time, Xiao Yiyang kept encouraging everyone: "This is only a temporary difficulty. As long as we work together and overcome this difficulty, Tianjiao Group will surely usher in a more glorious tomorrow."

This was a difficult decision. Every name deleted meant a family's livelihood was affected. However, for the survival of the group, Xiao Yiyang had to harden his heart.

At the talent review meeting, Xiao Yiyang looked at the senior management present with a firm gaze: "Everyone, I know this is a painful process, but we must objectively and fairly evaluate the capabilities and contributions of each employee and retain the talents who can truly help the group out of its predicament."

The heads of various departments nodded in agreement, fully aware of the heavy responsibility they had. They began to conduct a comprehensive and detailed assessment of their employees' work performance, professional skills, teamwork, etc. Those employees who usually fished in troubled waters and were inefficient gradually surfaced.

The news of layoffs spread quickly within the group, causing panic and anxiety. Employees were talking to each other.

"I heard there will be layoffs. I wonder if it will be my turn."

"What should I do? If I lose my job, how can I pay off my mortgage and car loan?"

In such an atmosphere, Xiao Yiyang personally came out to calm the employees: "Don't panic, this reform is to enable the group to develop better. As long as you are capable and willing to work hard, you will not be eliminated."

However, when the layoff policy was actually implemented, there were still tears and reluctance. Some old employees had worked in the group for many years and were full of affection for it. When faced with the outcome of leaving, they couldn't help but shed tears.

"Mr. Xiao, I've worked here for ten years and I really can't bear to leave." An old employee held Xiao Yiyang's hand, his voice choked with sobs.

Xiao Yiyang was also filled with guilt, but he could only say firmly: "Brother, I know your efforts, but now the group is in trouble and we have to make this choice. I believe that after you go out, with your experience and ability, you will definitely have better development."

After a round of brutal talent screening and layoffs, the group's personnel structure has been optimized and costs have been controlled to a certain extent. But Xiao Yiyang knows that this is only the first step in a long journey. If Tianjiao Group is to truly get out of trouble, it needs to work harder in business expansion and management innovation.

He led the elite team that stayed behind to work day and night to reorganize and plan the group's business. They conducted in-depth market research to find new business opportunities and partners; strengthened internal management to improve work efficiency and quality; optimized products and services to increase customer satisfaction.

Under Xiao Yiyang's leadership, Tianjiao Group gradually stopped its downward trend and its business began to pick up. New customer orders gradually increased, and customers who were in arrears began to repay their debts under pressure. The bank saw the group's transformation and its attitude also softened, reconsidering the loan application.

After a long and arduous struggle, Tianjiao Group finally broke out of the predicament and ushered in a new dawn. Xiao Yiyang stood on the top floor of the group's headquarters, overlooking the prosperity of the city, with a lot of emotion in his heart.

This war without the smoke of gunpowder made him deeply realize the cruelty and ruthlessness of the business world, and also strengthened his faith and determination. The road ahead is still long, but he believes that as long as he has courage, wisdom and the support of the team, Tianjiao Group will be able to continue to ride the wind and waves in the business world and create new glory.

Mocheng, a once bustling town, now seems a bit depressed. There are few pedestrians on the streets and few shops in the malls. The bustling scene in the past seems to be just a distant dream. In order to seek better development opportunities, many young people have packed their bags and left this small town to go to the south, which is full of opportunities and challenges. The rising unemployment rate has cast a haze over the city.