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Canon Zhuhai Co., Ltd., a subsidiary of Canon located in Zhuhai, China, announced its closure and a large severance package for departing employees. The minimum severance for each employee is 300,000 yuan ($47,381), and management staff can receive up to one million yuan ($157,938) in compensation. It has caused Chinese netizens to speak up about the "conscience enterprise" and the culture of gratitude. ....
In a late-August ruling, China’s supreme court declared one of the country’s most infamous work practices illegal. Known as “996,” the term is shorthand for a work schedule spanning from 9AM to 9PM, six days per week. Though popularized by the country’s soaring tech firms, often evoking images of hip urban startup employees with stock […] ....
January 16, 2021 Huawei heiress Annabel Yao is embarking on a career in entertainment, she announced in a splashy, 17-minute video documentary that Chinese internet users greeted with derision. Instagram/annabelballerina Huawei Technologies Co. heiress Annabel Yao has launched herself into show business, releasing a video documentary announcing her signing as an entertainment artist with a Beijing-based company. Styled by the company in a slick, all-black figure-hugging outfit and high heels perched on top of a crown, Yao is described in TH Entertainment’s 17-minute documentary and accompanying poster, released on Thursday, as a “princess who breaks rules”. “I’ve never treated myself as a so-called ‘princess’,” she says in the video. “I think I’m like most people my age, I have had to work hard, study hard, before I could get into a good school. I also get confused at times and have to try many different things to find my real path in life.� ....