BAIDU LAUNCHED SUDDEN STAFF LAYOFF
AsiaInfo Services, July, 2006
AsiaInfo Services 07-17-2006 Baidu Launched Sudden Staff Layoff BEIJING, Jul 17, 2006 (SinoCast via COMTEX) -- On the eve of Baidu's anniversary celebration, an unpleasant news shocked the whole company. Within just several minutes, the Chinese search giant fired staff of an entire section, without any premonitory.
Why Li Yanhong, the founder and CEO of Baidu who has been known for his calmness and low-profile, chose such a cruel way to announce Baidu's strategy adjustment. The employees who were cut even had not walked out of great surprise when they were told that they were no longer Baidu's employees. As to this sudden staff layoff, Baidu explains that it should be considered as normal strategic constriction, which is bound to involve personnel changes,...
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