Original title: Youxin laid off some employees who did not want to go to Xi'an. Source: TechWeb.com.cn

[TechWeb] December 29th news, Youxin is speeding up the transfer of some of its business to Xi'an. If employees do not agree to work in Xi'an, there are two compensation schemes: one is to pay 60% of N in a lump sum, and the other is to pay 100% of N over 12 months. The N mentioned in the compensation scheme is the number of years the employee has worked in the unit. For example, if the employee has been employed for 3 years and 7 months, N is 4.

The change involves Youxin after-sales maintenance, equipment, extended insurance and other business departments. With regard to the relocation of some departments and employees to Xi'an, the person in charge of Youxin Public Relations Department said: "Youxin has implemented dual headquarters operation in Beijing and Xi'an for many years, and a number of changes are normal."

At present, a number of employees have been laid off because they do not agree to work in Xi'an. There are passive layoffs on the one hand and voluntary resignation on the other.

For Youxin, this may be a forced choice.

On December 17, US Eastern time, UXIN released unaudited results for the second quarter of fiscal year 2021 ended September 30, 2020, showing that the company's total revenue was 76.4 million yuan, down 80.76% from the same period last year, and the net loss was about 259 million yuan, an increase of 28.22% over the same period last year. As of September 30, 2020, Youxin has only about 219 million yuan left in cash and cash equivalents. Youxin shares fell on the day, closing down as much as 20.71%.

The 15th of every month is Youxin's "payday". However, on December 15, Youxin employees did not wait for their salary and did not receive the account until the 16th. Although it is only one day late, it still makes the employees feel uneasy. Employees found that after paying their salaries, Youxin paid the car dealers much slower on December 17 than before.