Jingdong checks in 14,000 times a month, Liu Qiangdong: People who don't work hard are not brothers

Chengdu Business Daily Red Star News

2024-05-25 18:25Published on the official account of Red Star News of Chengdu Business Daily, Sichuan

Red Star Capital Bureau reported on May 25 that in response to the recent problem that employees have formed an industrial chain on behalf of employees, Jingdong (09618. HK； JD. US) internal survey, 14,000 people find someone to punch in on behalf of each month. Punching in on behalf of the agent charges 15 yuan at a time, and one person can punch in for 20 people.

At present, Jingdong strictly pays attention to attendance in response to this problem, shortens the lunch break from two hours to one hour, and cancels the lunch break to turn off the lights. A source close to JD.com told the Red Star Capital Bureau that Liu Qiangdong, the founder of JD.com, said at a senior management meeting on May 24, "Anyone who has poor long-term performance and never works hard is not my brother." ”

资料图 据IC photo

Liu Qiangdong: People who don't work hard are not brothers

JD employees can clock in on JD.com's internal Jing ME software, and they need to log in to the software in the office location to punch in, and they can clock in on both mobile phones and computers. A JD.com employee told Red Star Capital that some departments have a flexible work system and can clock in before 10:30, while non-flexible work departments require clock-in before 9:00, and some high-level management did not need to clock in before. He guessed that the operation of punching in and out of the box could be that the caller used the equipment in the office to help log in to the account, or the caller could go directly to the puncher's workstation and use his own device to help punch in.

At present, Jingdong strictly pays attention to attendance in response to this problem, shortening the lunch break from two hours to one hour, and canceling the lunch break to turn off the lights; Higher-level management is also required to clock in and out of work.

The employee confirmed that the lunch break change was implemented about two weeks ago, and the lunch break time was not very strict before, but now it is strictly required to work. JD.com's previous lunch break lasted 2 hours, and you can turn off the lights to sleep, compared with other Internet companies, some employees have to rest until 2 o'clock before starting their afternoon work.

A source close to JD.com told the Red Star Capital Bureau that Liu Qiangdong, the founder of JD.com, said at a senior management meeting on May 24, "Anyone who has poor long-term performance and never works hard is not my brother." ”

It is understood that in fact, at the end of last year, Liu Qiangdong expressed serious dissatisfaction with the management of JD.com, one is the overall organizational efficiency, and the other is the group's strategy is out of focus.

JD.com denied that strict attendance was a disguised layoff

Regarding JD.com's statement that the strict attendance system is actually a disguised layoff, JD.com denied it to the Red Star Capital Bureau. At present, the top management of Jingdong is reflecting on the mistakes in management in the past few years, the management model is too loose, admitting that there is a "large enterprise disease" in the Jingdong Group system, and even more than "state-owned enterprises are state-owned enterprises", and there are serious problems in management, resulting in the company's slow development in the fierce competitive environment, performance development does not meet expectations, serious problems in the corporate culture of the main business sectors, and the long-term downturn in stock prices, so a more stringent attendance system has been introduced.

JD.com's financial reports in the past three years show that its total number of employees from 2021 to 2023 will increase from 390,000 to 520,000, and the average annual income of employees will be about 2.4694 million yuan, 2.3225 million yuan, and 2.0976 million yuan respectively, a decrease of about 371,800 yuan in two years.

As of the close of the U.S. stock market on May 24, JD.com's stock price was $30.27 per share, with a total market capitalization of $48.18 billion, while JD.com's stock price reached a maximum of $101 in 2021 (before the right to adjust), compared with a 70% decline in the stock price.

Regarding the 8 new regulations on JD attendance circulating on the Internet, including encouraging employees to report the phenomenon of not putting in work around them, JD denied it, saying that the rumor had been reported to the police, and the public security organs had begun to file a case for investigation.

JD.com denied the 8 new attendance regulations circulating on the Internet Source: provided by the interviewee

Red Star News reporter Cheng Luyang

Edited by Yu Dongmei

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