Other language: Vietnamese
The Fall of the Dominant CEO in the World of Wealth and Power.
Chapter 37: Sudden Change of Winds and Clouds. [37]
Summary
Liu Wen Jie's company faces a severe crisis due to a global economic recession, resulting in a 30% drop in orders and cash flow issues. A major product recall from quality problems exacerbates the situation, damaging the brand's reputation. Internal management issues arise, leading to poor communication and low morale, prompting layoffs that further decrease efficiency. Financial troubles escalate as banks tighten credit. Liu struggles to maintain employee morale amidst growing panic and the loss of partners. Despite his efforts to unite the team, the company's situation worsens, leaving Liu in despair over its potential bankruptcy.Full content
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