Why did Wanda lay off a large number of employees?

1. Under the background of strict control of the development of real estate e-commerce in the past two years, the operation of many businesses will be restricted.

At the same time, it also shows that Wanda Group expanded blindly in the past, and at this time it needs to control costs through layoffs.

2. From the overall revenue of Wanda NetScience, only the financial sector is slightly profitable, and other sectors are in a state of loss, resulting in the overall business loss of NetScience.

At present, bank lending is decreasing. For Wanda, it is necessary to reduce losses and compress various "burning money" businesses.

At present, the Internet business is obviously "burning money" and can't see the benefits, so it should be compressed and cut off first.

Extended data:

1, Dalian Wanda Group Co., Ltd. was established in 1988, forming four industrial groups, namely, commerce, culture, real estate and finance. In 20 17, Dalian Wanda Group Co., Ltd. ranked among the 380 Fortune Global 500 companies.

In 20 17 years, the assets of the enterprise were 700 billion and the income was 227.3 billion.

2. Wanda Commercial holds a property area of 33.87 million square meters and has opened 207 wanda plaza, including Beijing CBD, Shanghai Wujiaochang, Chengdu Jinniu and Kunming Xishan.

40,000 Wanda Culture Group earned 30.8 billion yuan in the first half of 2065, 438+07.

3. Wanda Network Technology Group is a large-scale open platform company with industry and Internet. It owns companies such as Fan Fei Information, Fast Money Payment, Credit Information, Online Lending and Big Data. And use technologies such as big data, cloud computing, artificial intelligence, and scenario applications to achieve digital upgrades for the physical industry and provide consumers with new consumer services in the life circle.

4. Wanda Financial Group owns investment, asset management, insurance and other companies, and will realize full financial license operation in the future.

Dalian Wanda Group Co., Ltd. earned 65.438+0866 billion yuan in 2065.438+03, creating 30% growth for eight consecutive years.