Just today, another big Internet factory reported the sudden death of employees.
And this time, it was once ridiculed by netizens, "byte and heart, there can only be one beat" byte beat.
Sudden death of a 28-year-old employee
"Byte died suddenly, and his wife was two months pregnant, tragically..."
Late at night on February 22, netizens broke the news on the pulse that ByteDance had employees die suddenly, which immediately triggered heated discussions.
As the incident continued to ferment, more and more details were revealed.
Some netizens said that things happened at the company's gym and saw CPR compressions being done.
After that, the employee's wife spoke out on the social platform, and the employee who had the accident was an image algorithm engineer in ByteDance's video architecture department, who had been employed by ByteDance for nearly four years and was only 28 years old this year.
The most important thing is that there is usually a lot of overtime.
Now, the wife, who is two months pregnant, in addition to facing the grief of losing her husband, also has to face a monthly mortgage of 21,000 yuan.
Voice of the wife of the employee who died suddenly
At 8:00 a.m. on February 23, ByteDance debunked the matter on the intranet, saying that because of the suddenness of the incident, there were many misunderstandings in the outside information, and the employee was still in the rescue.
However, it is said that it is being rescued, but according to the voice of the wife on the Internet, it is currently in a state of brain death, and the possibility of rescue is very low.
In the afternoon, ByteDance posted on the intranet that at 13:43 on February 23, it was learned from the hospital that after 41 hours of rescue, Wu died tragically.
On the screenshot, ByteDance said that it has borne all the medical costs and fully provided logistical support.
The company will also provide pensions and care to the family of Mr. Wu, assist in handling related matters, and try to help his family tide over the difficulties.
Internet powerhouse
Overtime is the norm
After the news of the sudden death of An employee at ByteDance, another ByteDance engineer stepped forward and told his story of fighting overtime culture.
In this statement, we can understand that, at least in the department of the deceased, overtime is the norm.
The leader will ask to leave work after 9:30 every night, and if you do not obey, there will be small shoes waiting for you to wear.
I can't help but think of last June, when byteDance had an overnight success intern.
Just because I went to bed before twelve o'clock, I couldn't reply to the message and deal with the work in time, and the next day the whole department knew about it.
It can be seen that in ByteDance, the phenomenon of overtime has long become the norm.
In fact, not only ByteDance, it can be said that the same phenomenon exists in the entire Internet industry.
The news of the sudden death of the auditor of the B station during the Spring Festival has only passed half a month, and the one at the B station is only 25 years old.
Half a month later, ByteDance died suddenly, at the age of 28.
Can't help but remind us of some time ago, Tencent fresh graduates because of overtime in the group of angry management, and finally left in anger.
"There is no malice, I just want to ask the leaders, if the internal test is postponed for one day, will the enterprise WeChat soon go out of business?" The official website was delayed by one day, did the customer immediately run to DingTalk Feishu? Do you have to let the developers work these 20 hours of shifts to make this version full of your wishes? Did you really consider the lives of your men when you scheduled your missions? ”
This is the soul of the company's management, is the brutal expansion of the Internet industry in exchange for the overtime and health of countless workers?
In the rapid expansion of the Internet industry, "996 Blessing" began to prevail; but now the entire industry has entered a period of contraction, and the overtime culture has even intensified.
The Internet industry has entered a period of contraction
From the end of last year to this year, ByteDance has made several layoffs.
Starting with the education business, followed by games, then local life, and most recently, byte's entire war investment division was laid off and optimized.
In order to maintain growth, Byte expanded its territory step by step to various fields such as medical care, education, corporate services, social networking, consumption, and real estate through internal research and development and investment.
But this kind of lottery style of play did not harvest the imagined effect.
The education and game businesses have been broken, and the real estate business has also been frequently frustrated. In addition, just this afternoon, ByteDance completely divested its securities business.
The side business did not do well, and the core business began to stop growing.
On November 18 last year, ByteDance's commercial products department held a full staff meeting, at which it was officially confirmed that its domestic advertising revenue had stopped growing in the past six months.
As the main income of ByteDance, the damage to advertising revenue is very large.
In addition, according to the Securities Times, revenue from Douyin has stopped growing, while another core product today's headlines are even on the verge of loss.
Ten years later, ByteDance, which has been soaring all the way, can't jump now.
Oh no, the hard way is actually the entire Internet industry.
Bilibili, which also previously reported sudden employee deaths, had a share price of HK$248 and a total market value of 96.354 billion yuan as of the close of trading on February 23.
At the end of June last year, Bilibili's share price was as high as HK$1,052. In just over 7 months, it plummeted 76%, and the market value evaporated by more than HK$300 billion.
From the financial report, Station B lost 2.686 billion yuan in the third quarter, becoming the most money-losing video streaming media in 2021.
Judging from last year's Q3 financial report, Tencent, Ali, Baidu and other Internet companies have experienced a slowdown in growth.
The Internet companies of the scenery have changed their previous high-profile style and are more "shaping" the image of not making money or losing money.
In April 2021, Ali was fined 18.228 billion, but this is only the beginning, follow-up Huabei and Borrowing began brand isolation work, and Mutual Treasure was shut down.
On December 23, 2021, Tencent Holdings suddenly announced that it would reduce its holdings in Jingdong Group in the form of dividends, and finally broke up after holding hands for ten years.
In other words, Internet companies are not high-profile.
At this time, when the big factory has to give up the benefits stolen by the previous barbaric expansion under the pressure of all aspects, the experience of internal employees will be more obvious.
For the next growth point of the big factory, the people who can't stay are directly laid off, and the people who can stay are working crazy overtime.
But for the workers who only want to earn a little more silver and work excessive overtime, no one knows which overtime is the last straw that crushes the camel.
END
Author 丨 Cloth Bird
Source丨 Technology daily push
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