The Workers' Union refers to Lifeng's layoffs of more than 200 people and more than 30 employees complained that they did not receive long service payment and payment notice

Social News

Author: Kong Fanxu

2020-06-17 00:00

Li & Fung Group, which is engaged in global export trade and retail business, recently laid off employees. More than 30 affected employees held a press conference tonight to complain. It is estimated that more than 200 employees were laid off. Some employees accused Li & Fung from forcing employees to take leave from April. At the end of May, large envelopes were sent without long-term service payments. Many employees' severance payments were hedged by MPF. The affected people plan to carry out a joint operation tomorrow (17th) and demand compensation from the company, otherwise they will consider launching a strike this Friday (19th).

Zhang Lixia, director general of the General Union of Retail, Commercial and Garment Industry under the Workers Union, said that from April to June this year, some Li & Fung employees reduced their salaries by 20%. The company instructed employees to expand leave in April, and the company decided to privatize on May 27. After that, a large envelope was sent on the 28th of the following day. Zhang claimed that he received a lot of employees for help, saying that the severance payment was hedged by the MPF, and he did not distribute long-term service payments or grant notices. It is estimated that as many as 200 people were laid off this time.

Zhang Lixia also said that many employees have served for 40 to 50 years. At present, the market is not good, and it may be difficult to find a job. Some employees are also the pillars of the family’s economy. Now that they have been dismissed and there is not enough compensation. .

Chuan Lifeng Purchasing Department lay off 70% of the company does not comment on market rumors and said the figures are inaccurate

Li & Fung withdrew the listing chairman Feng Guolun after 4 o'clock this afternoon: thank shareholders for their support for 28 years

Li & Fung withdrew its listing on May 27 through a privatization agreement

Li & Fung voted to privatize minority shareholders Yang Sheng helplessly: low prices are "no hate"

Employee