Mogujie Meili says it is caught in a layoff storm again and layoffs are as high as 20%

　　Recently, according to internal employees on Maimai, Meili said that after the merger with Mogujie, it will lay off employees again, with the layoffs reaching 20%.

　　The insider revealed that the layoffs affected more than 300 people, and nearly 100 employees have been laid off, and more employees will negotiate with HR on their resignation in the near future.

　　The layoffs in Mogujie Meili said have not been the first time. Not long after Mogujie and Meili said that they announced in January 2016, there was news that the company would lay off employees within a week, and a worker inside Meili said also confirmed the matter.

　　At that time, Mogujie responded to the matter and said that after the merger with Meilishuo, a business integration team was established, some business departments would be stationed in Beijing and some departments would be stationed in Hangzhou. This caused some employees to resign because they did not want to leave Beijing or Hangzhou.

　　In September 2016, Mogujie carried out the second round of layoffs. Unlike before, the proportion of layoffs this time was higher. It is reported that the scale of layoffs at that time was about 270 people.

　　The first two layoffs were mainly from Meilishu's employees, and the proportion of layoffs in Mogujie employees was relatively small. In the third round of layoffs, Mogujie employees also accounted for a considerable proportion.

　　According to people familiar with the matter, after the merger of Mogujie and Meili Said in early 2016, it was hit by an IPO. However, its business model is not favored by capital, which has impacted the delay of IPO, which has caused investors to be extremely suspicious of its business model and future prospects. In addition, after the merger of the two companies, Meili said that the executives left, and the remaining middle and grassroots personnel were difficult to integrate, and the decline in transaction volume caused Mogujie Meili said that they had to lay off employees. (From: E-commerce News)

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