Part 8/9:
The broader economic landscape has also contributed to the general uncertainty, evidenced by the recent layoffs at other major American companies operating in China, such as Mercedes-Benz and IBM. Mercedes-Benz's significantly generous severance packages during layoffs have attracted attention, drawing sharp contrasts between foreign giants and local Chinese firms regarding employee treatment and corporate responsibility.
As businesses grapple with tightening labor markets and rising competition, the ongoing dynamic forces companies to rethink their strategies and adapt rapidly to survive.