Going Through Difficulties With Employees Or Layoffs For Economic Reasons?

The weather in Shanghai is very unpredictable these days. Despite the start of the new spring, people still feel the chill. Based on news reports, foreign-invested companies have set off a new wave of layoffs in China, affecting sectors such as household electric appliances and daily use chemicals retail. As a result, more and more companies come to consult us about "layoffs for economic reasons".

It is worth noting that we do not judge which the choices of companies facing difficulties together with employees and their bitter decisions of laying off some employees in a critical situation, we stress that once a company decides to lay off workers for economic reasons, it shall do so in compliance with laws.