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Rizhao Steel Chairman: we have no choice cuts layoffs - Rizhao steel, domestic steel prices, Du Shu by zyzy wang





Article Author Biography
Rizhao Steel Chairman: we have no choice cuts layoffs - Rizhao steel, domestic steel prices, Du Shu by
Article Posted: 12/23/2010
Article Views: 97
Articles Written: 2301
Word Count: 664
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Rizhao Steel Chairman: we have no choice cuts layoffs - Rizhao steel, domestic steel prices, Du Shu


 
Business,Business News,Business Opportunities
Layoffs from support staff to expand into the production line. Rizhao Steel Chairman Du Shuanghua that difficulties are temporary.

Yesterday, the reporter from Rizhao Iron and Steel insiders officer that layoffs in the logistics sector, the sunshine steel layoffs extend to the production line.

, Said the insiders, the production line of approach taken by drawing lots layoffs. His unit, a total of four classes, with a squad from the four representatives of the class draw, drawn the class "vacation."

Classes where these people pumping in a "vacation" sign. The company's argument is a holiday month.

Yesterday, Du Shuanghua of "To the staff of a letter" form, explaining the company's "compression personnel" reasons.

Dushuang Hua said: "At first I have some fantasies, hopes the market improved rapidly as possible to maintain productivity, retain employees. However, after the deteriorating situation forced me first room on the logistics department was streamlined, small footprint, less the number of compressed personnel to the market there will be no further deterioration, to retain most of the staff. But the development of the situation today, in addition to cuts in addition, I have no choice. "

"Rizhao Iron and Steel plant five years suffered the coldest winter." Dushuang Hua said, "from August till now, our monthly losses Jige Yi. This is also just the beginning, in the next few months, we will inevitably fall into the mud continued losses, the current market, has been able to see any short-term signs of improvement, is still the most difficult time this winter. "

End, Du Shuanghua said he had decided to take a series of response measures, compressed capacity, downsizing staff, and keep the maximum extent possible the survival of business vitality.

Du Shuanghua also promised that once the situation improved, people can go back. He said, "my group and my own name that if the steel and then into the sunshine, even if only one, it will be your company's employees to leave the overall situation. As long as not all the old staff back to the company, I never Rizhao Steel again into a new. This is my solemn promise. "

Du Shuanghua that Rizhao Iron and Steel only temporary difficulties encountered. "It may be the next spring, the market is expected to gradually pick up change for the better, our business will be through this difficult period."

He said that the State has taken active measures introduced to stimulate domestic demand and promote economic growth in 10 measures, such as 2 trillion of the railway project, 4 trillion of infrastructure, promotion of low-rent housing policy implementation as well as enterprises tax breaks, financial support and so. Commence the implementation of these initiatives and will promote the improvement of the national economy, but also will boost demand for steel products.

According to Du Shuanghua introduction, Rizhao Iron and Steel now there are about 12,000 employees. At the same time according to what he said previously, from 2004 to the first half of this year, Rizhao Iron and Steel 15.1 billion total profit and tax, the tax will total nearly 3.4 billion.

Had Hurun survey, Rizhao Iron and Steel profit last year, 58 billion yuan.

In fact, the sunshine compared to the domestic steel enterprises steel has strong profitability. Jinan Iron and Steel and Laiwu Steel shares under the company's annual report, the two companies last year, operating income was 66.5 billion yuan, the two were 3.6 billion operating profit realization. The sunshine of steel last year, operating income of 28.6 billion yuan, profits, according to party secretary of Rizhao Steel Liaohai Ting said more than 5 billion yuan.

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