The departure of four key managers at the beverage giant’s affiliate Hongsheng coincides with employee backlash over deep salary cuts and severance pay disputes, sending early-year sales plunging
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A turmoil is roiling Chinese beverage giant Hangzhou Wahaha Group Co. Ltd., marked by the exodus of four key executives from its main production and sales operator and widespread labor disputes over pay cuts and layoffs.
Zong Fuli, daughter of the late Hangzhou Wahaha Group founder Zong Qinghou, has stepped down as the privately held beverage…
Zong Qinghou, founder of the Wahaha beverage empire who died in 2024, reportedly fathered three children from an extramarital…
First terrified officials went off the lash; now young people are going dry
China Taiping Insurance’s sweeping staff rotation highlights how tighter tenure rules are unsettling mainland employee posted…
First-half revenue and profit at China’s second-largest liquor distiller grew at the smallest pace since 2015.
Union says workers left with unpaid wages and other claims after Glorious Seafood Restaurant closes permanently.
