02-09-2020, 09:44
(This post was last modified: 02-09-2020, 11:02 by Blue Baggie.)
They are both correct IMO.
My thoughts are based around how Chinese treat it's employees in general.
When taking over a new venture they offer the world and portray themselves as hero's. They put key staff in place to manage the business with attractive bonuses. Financially they remove debts and let any profits be invested in the short term. Then no further investment happens and as much cash as possible is then withdrawn from the business. Key staff are left in place but with no real authority or control. These key personnel then tend to see it as the honeymoon period is over, bonuses have been collected and don't want to be part of the future demise of the business. They simply leave and turn up at the next opportunity where a new owner wants an experienced firefighter on a short-term basis.
My thoughts are based around how Chinese treat it's employees in general.
When taking over a new venture they offer the world and portray themselves as hero's. They put key staff in place to manage the business with attractive bonuses. Financially they remove debts and let any profits be invested in the short term. Then no further investment happens and as much cash as possible is then withdrawn from the business. Key staff are left in place but with no real authority or control. These key personnel then tend to see it as the honeymoon period is over, bonuses have been collected and don't want to be part of the future demise of the business. They simply leave and turn up at the next opportunity where a new owner wants an experienced firefighter on a short-term basis.
2020 the year the bubble burst 