Reaching the age of thirty, my income randomly doubled

Chapter 799: Chapter 605 Jinshan Villa Completed

Mid-April.

Following Chen Pingsheng’s decision for major companies to quickly find ways to save themselves,

Bobo Milk Tea was the first to make a move, deciding to sell all stores that had sustained losses for three consecutive months.

If no buyer could be found, the stores would close within a month.

Not only was Bobo Milk Tea closing stores, but other businesses were making similar choices.

Each opted for a “survival by amputation” strategy.

Departing employees were compensated using an N+6 plan, resulting in severance packages equivalent to 8 to 12 months of wages.

The decision stemmed primarily from the group’s financial forecast, which suggested that the crisis could last 2 to 3 years.

This was even worse than the previous worst-case scenario.

If the loss-making stores weren’t shut down promptly, it was doubtful they could even weather $20 billion in losses.

A reluctant but necessary choice.

Many employees left in tears, not with complaints or venting grievances.

After all, anyone who had worked at the milk tea shop knew this: where else would you receive severance equivalent to over half a year’s wages in the event of a store closure?

The Tengying Group had done everything it could to make arrangements, though many lower-level employees might not see the bigger picture.