Monday 27 July 2009

Change Management Chinese-style

http://www.managementtoday.co.uk/channel/Leadership/news/922943/irate-chinese-steel-workers-kill-boss-scupper-merger/

Reports this morning state that employees of the state-owned Tunghua Iron and Steel company, in the industrial north-east of the country, were ‘unhappy’ about plans for a proposed takeover by private sector rival the Jianlong Steel Holding Company. The deal could apparently have resulted in the loss of as many of 25,000 of the 30,000 jobs at the plant.

In fact they were so ‘unhappy’ that when the general manager of Jianlong, one Chen Guojun, pitched up last Friday to give them a pep talk, some 3,000 workers took matters into their own hands and rioted. In the course of which disturbance, the unfortunate Chen was reportedly beaten to death, and 100 other people were injured. Makes those French militants and their crazy boss-napping antics look positively small-time by comparison.

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