SOHO China denies rumor of staff cut
Published: 12 Feb 2009 20:49:58 PSTFeb. 11, 2009 (China Knowledge) - SOHO China Ltd<410>, a major real estate enterprise in China, denied on Jan. 9 that it will cut up to10% of the total staff in the first quarter this year. The Hong Kong-listed company noted that it is the company's common practice to weed out 10% of the sales staff with the poorest performance every quarter. In 2008, the predicted sales revenue of the firm was 7.6 billion, according to Pan Shiyi, chairman of the Beijing-based property enterprise. Copyright © 2008 www.chinaknowledge.com Send feedback or comments to: news@chinaknowledge.com For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI | 
 |
Go to Page
Page 1 of 1
1
If you believe an article violates your rights or the rights of others, please contact us.
Digg
Reddit
Mixx it
FacebookRelated News
Most Read
- 1BYD Auto to expand into solar energy field
- 2Entrepreneurblues
- 3AUTOSHOW-INTERVIEW-UPDATE 1-Changan Ford Mazda
- 4ANALYSIS-CFTC cautious on position limits, set
- 5Beyond The Anti-Virus Arms Race
- 6Beware of phishing scams if you are using
- 7Help protect yourself from phishing scams and
- 8Xi'an to launch industrial zone
- 9China Longyuan Power plans HK$17.5-bln HK IPO
- 10INTERVIEW-StanChart eyes $800 mln in renewable
