The Asian financial crisis has spread to South Korea. Many Korean companies are struggling to survive the storm. Samsung is also facing a moment of life and death. The company's business is in a complete emergency, and its long-term debt reached US$18 billion at its worst. ≧

　　 In fact, Samsung is lucky. Beginning in 1996, Samsung has implemented a management system innovation program, with self-disciplined management, efficient management, and simple management as its concepts. Its core content is to streamline the organization and save expenses. Therefore, in the Asian financial crisis, there is still a certain crisis response ability. If Henry didn't press it, Samsung would have turned over in 1999. In 2000, the debt ratio was even reduced from 300% to 85%. For a group company with hundreds of billions of dollars, the debt ratio has changed so much, Samsung's degree of severity can be seen!

　　 The core asset of the Samsung Group is Samsung Electronics.

　　 Therefore, the blow to Samsung Electronics is the biggest blow to the Samsung Group.

　　 Henry then ordered Williams Electronics to reduce the price of all electronic products such as hard drives, memory, LCD screens, and kill Samsung!

　　 Henry’s trick is actually killing two birds with one stone. While cracking down on South Korean companies such as Samsung, Japanese companies have also suffered unwarranted disasters. The electronics industry is also one of Japan's pillar industries. Japan was originally affected by the Asian financial crisis, and the domestic economic situation is very severe. Now, Henry has allowed Williams Electronics to reduce the price of its products, not only robbing users, but also greatly reducing the profitability of electronic products. Why does this make other electronics companies feel bad? The most terrible thing is that Japan and South Korea are suffering from the Asian financial crisis, which is tantamount to sprinkling salt on the wounds of Japanese and South Korean companies! ! !

　　 As soon as the news broke, the stock markets in Japan and South Korea plummeted, which in turn caused violent turbulence in Asian stock markets.

　　 Japan and South Korea strongly condemned the price cuts of electronic products by Williams Electronics and demanded that the prices of electronic products be increased. Soros, who was far away in the United States, was very happy to hear the news. He smiled and praised in an interview with reporters: "Haha...Mr. Henry Williams did a great job. I support Williams Electronics to continue. Lower, ignore Japan and South Korea!"

　　 Soros said some cool words, and immediately gnashed his teeth with hatred from Japan and South Korea. However, Soros didn't care. He blatantly attacked the currencies of various countries, using them as cash machines, but what can they do? Dare to send someone to the United States to kill him?

　　 Soros has completely become a notorious "capital crocodile", and Warren Buffett is far behind him.

　　 Buffett is optimistic about a certain stock, and the price of this stock may rise. As long as there is a little bit of wind, Soros's gaze is directed to which country, and the stock market of the entire country plummeted!

"Japan and South Korea said that if they want to raise prices, Williams Electronics will raise prices. That's a shame. What's more, my brother is here to crack down on you! The more serious the Asian financial crisis, the more you make! "Henry smiled in his heart. Although the price cuts of electronic products have lost part of Williams Electronics' profits, Henry can make up for it in Asian countries. At the same time, it also hit its opponents and expanded the market share of Williams Electronics. Why not do it?

　　 Therefore, in Japan and South Korea, if you scold you, I will reduce the price. What's wrong?

　　 At present, in response to the financial crisis, Samsung has not only laid off employees, but also significantly reduced employee salaries. What is most important to the company? Talent. Therefore, Henry took a salary from the bottom of the tank, Samsung's salary was reduced by 10%, and Henry offered 110% of the salary to dig people!

　　 All of a sudden, senior talents from Samsung left one after another.

　　 Samsung Chairman Lee Kin-hee frowned and walked around the office, but he couldn't think of a good way.

Water flows to lower place, man goes to higher position. At the beginning, I was willing to come to Samsung because of its promising prospects and high salaries. But now, Samsung is in danger of bankruptcy, and of course it is about to quit.

　　 What's more, Samsung is making crazy layoffs, and it may lay off itself someday. Why not just hop to Henry Williams, the richest man in the world? There is not only high salaries, but also more promising development.

　　Frequent layoffs and job-hopping have caused panic inside Samsung.

In order to stabilize the people’s minds, Li Jianxi vomited bitterly at the staff meeting, pretending to be pitiful, and said: "Samsung is in a precarious situation. Henry Williams is not only hitting Samsung on the price of electronic products, but now he is starting to dig again. We are the talents of Samsung! Samsung is everyone’s company. In this crisis, we have to work together to overcome the difficulties..." It took more than an hour to end.

　　Samsung is shy in its pocket, so it can only rely on the emotional card to retain talent.

　　 However, most people still look to money. Perhaps the Korean local employees of Samsung may have a little affection for the company, but Samsung has many international employees, but they may not have deep feelings for Samsung. Samsung introduced the "7.4 system" for working hours, and employees complained. Just imagine, go to work at 7 in the morning and leave at 4 in the evening. Doesn't this drive people crazy? Many employees usually have to get up at more than four o'clock, wash and eat breakfast~lightnovelpub.net~ and take another hour or so to go to the company by car. If they don't take a good rest at night, they will definitely be sleepy during the day.

　　 Many of Samsung's employees are senior intellectuals, all white-collar workers, so tossing about it, okay? Many people can't bear it, thinking, they haven't seen other companies doing it like this, you have Samsung, you have a "7.4 system"! If the salary is high, I admit it, but the salary and benefits have been drastically reduced. I can't bear to do it like this!

　　 The employees are angry and unbalanced, so they just quit!

　　 In fact, Samsung’s “7.4 system” only began to be partially abolished in the second half of 1988 in the previous life, and was completely abolished within the entire group in 2002. Working hours are back to normal, 8:30 am to 5 pm.

　　 Seeing that Henry's digging was too fierce, Li Jianxi asked the South Korean government to order Henry to dig talents against Samsung.

　　 Henry said: "I am not targeting a Samsung company, all companies in South Korea, I am digging!!!"

　　 In addition to digging for talents from Samsung, Henry has not spared Daewoo Group, LG Group, Sk Group, Hyundai Motor... As long as they are talents, they can be used. Henry's industry involves all walks of life, there is no shortage of everything, there is a shortage of talents! A small South Korea can't satisfy Henry's appetite. Look at other Japanese companies. They have become commonplace due to long-term digging. It is not like Samsung who went to the government to file a complaint, which makes people despise. So, it’s good to be accustomed to being dug, and you won’t be screaming anymore if you are used to it...

　　 (To be continued.)