![]() ![]() In one case, an employee at an unnamed media firm died at the workplace after being forced to log long hours. The court issued its rule following a review of 10 court cases in which overworked employees had overtime benefits denied. Cracking down on 996 culture is part of the ruling Chinese Communist Party’s broader campaign to reduce inequality in Chinese society and limit the power of the nation’s largest tech companies. At the same time, for China’s government the optics of a populist push may be as important as how the ban on 996 will be enforced. Outlawing 996 culture marks a significant shift in the strenuous working culture that some of China’s top tech companies have attributed to their success. Overtime can easily lead to labor disputes, impact the worker-employer relationship and social stability.” “Obeying the national regime for working hours is the obligation of employers. ![]() “Legally, workers have the right to corresponding compensation and rest times or holidays,” the court said in a statement published on Friday. On Friday, China’s top court, the Supreme People’s Court, and the Ministry of Human Resources and Social Security jointly declared that China’s “996” working culture-the presumption that employers in China’s tech sector have the right to demand that employees work from 9 a.m. In response to the uproar, the Shanghai Municipal Human Resources and Social Security Bureau will dispatch an investigative team to Pinduoduo and collect relevant information from the company, a Changning District branch official who only wanted to be known as Wang told Bloomberg News by phone.Or at least they now have clearer legal claim against unpaid overtime. Without naming specific corporations, CCTV called for authorities to step up regulatory oversight to protect the rights of workers. The state-run CCTV on Tuesday published a commentary that warned against trading human life for profit. After initially claiming that the post was fake, Pinduoduo later apologized and said a contractor had uploaded it without authorization, adding that the company strongly opposed the views expressed. Criticism of the online retailer intensified after Pinduoduo confirmed that a post on the Quora-like Zhihu service - which said that all people from the bottom rungs of society exchange their lives for money - had originated from its official account. Pinduoduo sank 6.1% in New York Monday.Ī hashtag about the employee’s death has drawn more than 260 million views on the Twitter-like Sina Weibo service as of Tuesday. Chairman Pony Ma, according to the Bloomberg Billionaires Index. That helped elevate founder Colin Huang to the position of China’s second-richest man, overtaking fellow internet entrepreneurs like Alibaba’s Ma and Tencent Holdings Ltd. Shares of the firm, which spans a $205 billion e-commerce empire and is aggressively seeking to further bolster growth by expanding into the red-hot sector of online groceries, ended the year up nearly 370%. Beijing in November unveiled regulations designed to root out monopolistic practices in the internet industry, sparking a sell-off in the previously high-flying tech sector.ĭespite the year-end slump in Alibaba and its peers, Pinduoduo had been relatively unscathed with its stock rising to a record on Dec. The online criticism adds to the challenges for China’s largest tech companies, which spent the past year fending off efforts by the Trump administration to curb their growth while navigating heightened regulatory scrutiny at home. “Employee health is an issue that can’t be ignored.” “Chinese internet companies should think beyond reaching unicorn status and IPOs and a steady, healthy corporate culture is a must for long-term growth,” said Marlon Mai, Shanghai-based managing director with recruitment consultancy Morgan McKinley. chief Richard Liu have endorsed the practice as necessary for survival in an intensely competitive industry and the key to accumulating personal wealth. Still, tech billionaires from Alibaba Group Holding Ltd. to 9 p.m., six days a week, plus overtime - has spurred criticism in previous years following complaints from tech workers and earlier deaths. The so-called 996 office schedule - 9 a.m. Her death sparked a social media backlash against Pinduoduo and the relentless working schedules expected of its workers, prompting district officials at the Shanghai Municipal Human Resources and Social Security Bureau to commence an investigation. ![]() The employee, who was born in 1998 and joined Pinduoduo in July 2019, could not be resuscitated and died after nearly six hours of first aid, according to a statement. The e-commerce company confirmed that a female employee collapsed while walking home with colleagues at 1:30 a.m. ![]()
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