Chinese auto supplier compensates 107 graduates fired barely a month into jobs, punishes managers
- JIANGSU: A leading Chinese automotive lighting manufacturer has apologised and punished four managers after firing 107 fresh graduates just over a month into their jobs, in a case that has struck a nerve in China amid a difficult job market for youths.
- Jiangsu-based Changzhou Xingyu Automotive Lighting Systems hired 372 fresh university graduates this year, but decided in July to reassign or cut some of them after assessing its business prospects.
- Its human resources department began talks with 140 of the new hires in early August.
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- JIANGSU: A leading Chinese automotive lighting manufacturer has apologised and punished four managers after firing 107 fresh graduates just over a month into their jobs, in a case that has struck a nerve in China amid a difficult job market for youths.
- Jiangsu-based Changzhou Xingyu Automotive Lighting Systems hired 372 fresh university graduates this year, but decided in July to reassign or cut some of them after assessing its business prospects.
- Its human resources department began talks with 140 of the new hires in early August.
Sources: CNA