Reaching the age of thirty, my income randomly doubled

Someone once said.

Jianghu is not about fighting and killing, but about human relationships and worldliness.

Such a statement is definitely accurate when applied to monopoly industries or systems.

But put it in the context of a market-oriented private enterprise, and what it leads to is a rotting structure fragile beyond repair.

Everyone goes about handling relationships and pleasing superiors as their job.

But who will take responsibility for the outcomes?

Who will ensure the welfare and benefits of the over a million grassroots employees?

Tengying Group has kicked off a vigorous self-revolution.

In the past, the power structure was top-down.

Which means higher-ups could directly decide the fate of the lower management layer.

Now, the structure is completely reversed.

For instance, at a Fei Yangyang Catering store, the power to select the manager will no longer be centralized with the regional manager, but with the store's grassroots employees. Experience more content on My Virtual Library Empire

Only if the majority of grassroots employees think you can be the manager, then you can be one.

Other traditional chain enterprises under the Tengying Group will also undergo a fundamental cleanup.

A self-revolution that returns power to the grassroots employees.

By completely decentralizing power and stripping senior managers of their personnel appointment and removal rights,

They will truly consider, then serve the grassroots employees well, and learn how to be a truly qualified grassroots leader.

Any reform will surely provoke some backlash.

For a simple reason—it hits these people's core interests.

Just think about it, when you no longer have the power to promote personnel and even have to be constantly monitored by those grassroots employees,

Having them decide whether you qualify or can remain in your position.

Who would still bring you gifts, and who would then flatter you deliberately?

Will these higher-ups still be able to comfortably enjoy others' constant reverence and respect?

If they even so much as sit in their office a little longer, they might be asked to help out with some dirty and tiring work.

Such a reform is definitely the last thing the existing management team wants to see.

Unfortunately, everyone has underestimated Pingsheng's determination to decentralize power and return it to the grassroots employees.

When people united to resist, his approach was not to negotiate.

It was to fire them directly.

Antler Coffee, Fei Yangyang, Bobo Milk Tea, Snacks Dash, Tenghui Department Store, etc., with a presence in most cities nationwide.

Because a majority of the veteran senior managers were involved in this optimization action.

And the market has seen unprecedented turbulence.

The former Bobo Milk Tea high executive of Sha City, which oversees seven or eight districts.

Yuhua was managed by his wife, Wangcheng by his brother, Kaifu by his sister-in-law, and Xingsha by his wife's younger brother.

The whole family was arranged by him to be the regional heads in Sha City.

Thinking their strength lay in numbers, they couldn't believe that the boss would close all the city's stores just to dismiss him.

A good publicly-listed enterprise, it turned out, had become a family-run business.

With the city head stringing a series of relatives as the management layer, and these relatives further placing their own kin as store managers.

To say it was a mess would be an understatement.

And the deputy general level executive responsible for promoting him was directly fired.

Without even needing an explanation.

If the gifts weren't sent properly, who wouldn't see the problems within?

After the power is highly centralized in the hands of senior managers, the drawbacks are self-evident.

And Chu Qiuyan, the person in charge of Bobo Milk Tea, is still too young.

In the complex task of personnel management, she is definitely not independent yet.

In this year's rapidly involutional milk tea market, Bobo Milk Tea has suffered defeat after defeat.

Even being driven to desperation by those newly rising milk tea brands.

If there's no change, the tens of thousands of employees under Bobo Milk Tea will all have to look for new jobs again.

Pingsheng will certainly not close all the stores in Sha City, but those stores that lead the protest and even delude the grassroots employees to blackmail him into backing down,

Will be shut down collectively within a day.

Since he has done this, he will inevitably not go back, no matter how difficult it gets; he will only persist in pushing forward.

Such a massive optimization of high-level management surely won't just see the Sha City executive resisting alone.

Major cities saw store managers, even large numbers of them, come out and lead protests.

A series of personnel changes have caused the entire stock market to be troubled.

Even countless people have questioned online—after the group's success, are they just discarding these old-time contributors?

These people also organized and gathered familiar or related managers to stand with banners in front of the stores and shoot protest videos.

For a moment, the whole internet, including the stock market, wanted to ask a question.

What's going on with the Tengying Group?

Why is there a wave of store closures one after another?

And online, there are endless negative trending searches about the Tengying Group enterprises.

The first to emerge is that Tengying Group is facing unprecedented turmoil.

Why do many businesses cut grassroots employees first when they are not doing well?

Because cutting this group of employees' benefits or reducing their salaries, they have to accept it due to the pressures of life.

Just getting by without starving.

Even if you dismiss grassroots employees, they cannot make much of a stir.

But cutting the senior management team is different; these people have a bit of savings and know how to pull you into a joint demise with minimal cost.

No enterprise dares to cut the management team unless necessary.

Not to mention cutting a large batch like now.

The backlash raised by these people joining forces could give even someone as strong as Pingsheng a headache.

Let's not talk about the stock price falling across the board; that's a given.

The key is a large number of stores are closing directly.

It's not that he wants to close them, but those people will delude employees to join them in protest.

Even as the big boss, no matter how good his intentions are, he cannot explain things to every employee one by one.

The entire Tengying Group has its roots in traditional industries to begin with.

And these are where its roots run deepest.

Now, due to a vigorous human resource reform, the HR department is bustling every day.

No matter how others make a fuss or close their stores,

He will only steadily push forward the optimization process for senior management.

Once optimized, if they still dare to cause trouble,

It's time to let the police take people away, including the grassroots employees who resign due to instigation.

Approved instantly.

He is definitely not going to explain to those who are foolish without knowing it.

As for the stock market crash caused by the mass store closures.

Short videos are full of accusations of cold-heartedness, and there are even people blaming him, along with his wife and children, claiming the company leaves them with no way out.

Pingsheng doesn't bother to explain.

He remembers this person, who was okay just a few years ago. After moving up the ladder, employees who don't give him gifts or visit him with presents during festivals,

Simply won't have any chance of promotion.

Even every day at work is just loafing around, doing nothing but holding so-called educational criticism meetings.

The subjects of criticism are, of course, the employees.

As for himself, he has always emphasized how things were in the past; everyone must learn from him.

Even after each meeting, banners are hung to deeply study the spirit of his speeches.

To not fire such people would leave all his excellent staff in utter despair.

Regardless of what others say, he is unwilling to give even the slightest response.

There is no such thing as enterprise reform without growth pains; a short pain is better than prolonged suffering.

In the blink of an eye, another week has passed.

Financial University no longer sees the presence of Professor Chen.

However, Lin Qiunan is still following the news of Tengying Group online every day.

It can't be helped; the group is now influential not only in traditional industries.

Entertainment, investment, short videos, dining, department stores, new energy technology, and other fields are all top groups in the country.

Such a mega group.

Few people would have thought that the widespread departure of the founders, layoffs of senior management, and the optimization of veterans,

Would all start from a selection group involving a few female university students.

The first time Lin Qiunan heard about this selection group, she actually felt that Tengying Group had also started on the path of corruption and decay.

No longer as it was when it was first established, or even at the start-up phase, with the determination to achieve success regardless of the risks.

Unstoppable.

Now seated as the nation's leading private enterprise, it inevitably makes some fatal mistakes.

These mistakes might not cause too much trouble at the moment, but with accumulated problems, they will definitely turn into a fatal crisis one day.

Fortunately, their big boss, the true founder of the company, can still maintain his original aspiration as always.

Taking bold moves to cut himself twice.

Clearly, the boss of Tengying Group has started a thorough clean-up of the corrupt values that have grown within the senior management team.

Perhaps after this rectification, Tengying Group will either be reborn from the ashes.

Or it will sink into obscurity like everyone else.

Maintaining such a large-scale conglomerate is truly not easy.

A slight disturbance can cause the public to be onlookers with great interest.

Let alone such an extensive optimization action.

The only thing she finds puzzling is that Tengying Group's optimization efforts this time seem to target only those office-based senior executives.

Not the grassroots employees.

There has been no word from outside about pay cuts or staff layoffs at the grassroots level.

Tengying Group has always been known for high welfare and high income.

Once interns manage to get hired by Tengying Group, the company prepares a graduation bonus of fifty thousand for them.

This money is not included in their future salaries, but rather the group is telling them with fifty thousand yuan.

That after graduating from university and entering society, they should not turn to their parents for financial support, no matter how hard life gets.

They will also be provided with a very comfortable small apartment.

To live in for free for half a year.

To perfectly transition through the social adaptation period after university graduation.

It is precisely because of such extensive intern benefits that the Tengying selection group incident.

Has caused countless university girls to act against their better judgment.

And all of this has obviously been thoroughly tarnished by the private desires of some of the executives.

Only today, in the boss's fury, an epic optimization action of senior management in the workplace is unveiled.

This action, whether directly or indirectly, has affected customers, employees, and stock investors combined.

At least more than ten million in total.

It's because you can encounter businesses belonging to the Tengying Group everywhere you go.

Even when flipping through short videos on your phone.

Outsiders can hardly imagine how much influence the Tengying Group's businesses have on their lives.

Such a massive enterprise, if not for Chen Pingsheng's consistent humility and practical approach,

And his decision to invest most of the group's profits into new energy technology, and real estate economics in Magic City,

Would have attracted countless people eyeing this big piece of cake.

Just like Xu Pidai and Mr. Yan had done before.

They can only say that up to now, they really have no capital to be proud of.

Yet those group of senior executives had already begun to cross their legs and enjoy life.

It is a tremendous irony and is holding back Tengying Group from moving forward.

He only has one choice, to optimize and eliminate these veterans who fought alongside him.

There is no other way.