The company is getting bigger and bigger, and the industries involved are also increasing.

Although each subsidiary has special professional managers to help with management, and the abilities are very good. Those who are not capable have been put away. Those "ambitious" who are capable but not easy to control have no foothold in the company, and most of them end up leaving in shame.

But as the CEO of the parent company of Snow Mountain Group, Mr. Anthony still needs to deal with various things every day. His hair appears white on both sides that is not in line with his current age, and wrinkles at the corners of his eyes, which makes him so upset that he doesn't need to seek advice from the boss. This large-scale layoff is one thing, and the cause starts with the development of technology.

Yes, it is the development of technology. With the popularity of machines, it has replaced a large number of jobs that require manpower, especially in the manufacturing industry.

Since last year, a human resources audit was conducted within the company. The result was that many departments including Han’s Automobile Group, Blueberry Group’s branches and other branches could carry out large-scale layoffs. Take Han’s Automobile Group as an example. The layoff ratio is as high as 6%, and a total of about 9,500 jobs can be cut, which allows the company to eliminate a large part of unnecessary expenditure and obtain more benefits.

Nearly tens of thousands of people, even if they calculate the remuneration on average of $60,000 per person, plus insurance, bonuses, etc., spend hundreds of millions of dollars a year, and these people do not need to invest too much energy in their work, because their work has been replaced by artificial machines.

The automobile automation rate is now as high as 70%. During this period, the factory can be fully operated. The number of workers recruited has been decreasing in the past two years, and it has become slightly bloated. However, this is the first time for large-scale layoffs like this. Executive Anthony has never dealt with it and seems to be at a loss.

The human resources management department handed over the layoffs to him this morning. It was definitely a storm that involved so many people. Han Xuan happened to arrive and he planned to hand over this tricky matter to the boss. If the boss agrees to the layoff plan, Executive Anthony will be planning to implement it with a tough time.

After the news of the layoffs spread last week, it caused panic among the bottom employees of various companies. Even many intermediate management personnel tried carefully, fearing that they would be the ones who were laid off in the end, which affected normal production and could manage such a huge enterprise. It is natural that Anthony's executive ability is not to be said. Mr. Han, who found him through the headhunting company, did not expect Anthony to do such an outstanding job.

The world's "No. 1 working emperor" whose value under Han Xuan successfully exceeded $3 billion was now rushing to pack up his things, bringing information and preparing to rush to see the boss at the HIBS Research Institute.

When I went downstairs, I could see the names of various companies from the dedicated elevator buttons, Starbucks, WOW, Hope Group, BlueBerry, etc., with more than 30 companies. There were not so many before, but later it was added one after another. I originally thought that there would be many idle floors in the Four Towers of Snow Mountain, but now it has almost saturated and all subsidiaries have moved in.

Anthony executive felt proud. In the first year of this century, the total assets of Snow Mountain Group continued to decline because various Internet companies were still at the center of the storm of the Internet industry bubble. This reason did not stop until 2001. The bubble was almost squeezed out and had fallen to a point where it could not fall. Later, with the economic recovery, it was in a slow rise again.

Today, the total market value of Hope Group is only about one-third of the end of 1999 at its peak. Compared with Microsoft, which can generate stable profits, simple Internet companies such as Destiny and WOW are at a disadvantage.

In 2001, Nvidia, Cisco, Qualcomm, Blueberry Group and other companies were the first to recover. Blueberry Group occupied 60% of the global mobile phone sales market, with a total market value of more than 530 billion US dollars today. Those industries with no stable sources of interests recovered slowly.

Hundreds of companies including Xueshan Pharmaceuticals, Starbucks, Bombardier, Disney, KFC, German Volkswagen Group, etc. The total market value of companies owned by Xueshan Group exceeds 1700 billion US dollars. Among them, Han Xuan occupies approximately US$650 billion through Xueshan Group.

This part mainly comes from holding 54% of the shares of Blueberry Group, and in well-known companies such as Bombardier and Dinis, it also has more than 50%. Han’s Automobile Group, which is not listed, is held 100%.

Executive Anthony is not sure about the total amount of wealth the little boss has now. From the open Star Investment, the Time Warner Group, SpaceX, many real estate, cash, company stocks, resources and minerals held by the Family Charity Foundation, as well as the company shares held through the Maldives' first, second, and third banks and other industries, the assets are definitely more than one trillion US dollars, which does not include the family wealth owned by Grandpa Han Xuan and grandma.

Money is like cancer cells. It is not scary from one to two, from two to four, and it is not scary. It is not scary from ten thousand to twenty thousand, but it is not scary for one billion cancer cells to two billion, and then spread to the whole body, which seems terrible.

Originally, Han Xuan mistakenly estimated the growth rate of his wealth, and there was no major problem with the investment industry. So many companies made money together, and their wealth showed explosive growth. Even if it was not included in the shares donated to the family charity foundation, the wealth they owned was as much as 600 billion US dollars.

Including the donated part, it is definitely trillions of dollars. It is most suitable to describe it as wealthy, but it can get hundreds of billions of dollars every year by corporate cash dividends, and it is impossible to spend it at all and there is no place to spend it.

A series of projects such as the Mars Landing Plan, Genetic Disease Research Plan, Poverty Alleviation Charity Plan, Earth Sustainable Development Plan, etc. were born in this context. It is already difficult for other companies to support one, while it is not difficult for Han Xuan to carry out the same work together.

Some media jokingly say that "the Nasdaq market was specially established for Han Xuan." This is no joke. The Nasdaq Comprehensive Index covers all companies listed on Nasdaq. Han Xuan's companies have a huge impact. There are more than 4,000 listed companies, and after the reshuffle, there are only more than 3,000 left, and nearly half of them survived the crisis.

Among the top 100 companies, Han Xuan has a majority stake, and his shares are usually between 5% and 20%. Even Microsoft is held by him by 7%. He is waiting for the Nasdaq market to recover and make himself take off for the second time...
Chapter completed!