CEO Chen clarify layoffs rumors reflect the company's status quo

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About Renren, the desire to "sell prostitution" and other news has been pushed on the cusp, everyone CEO Chen a boat yesterday sent internal mail to the company employees to clarify rumors, but also to the company's current situation made introspection.

The recent industry rumors that everyone's game is accelerating layoffs. Several network media reported that the first quarter of this year, the staff size of the game is still around 700 people. In the latest round of layoffs, the estimates are likely to be close to 50% per cent, even though the human-capital sector has not announced a specific percentage of layoffs. The layoff notice is sent directly to each employee by the Human resources department, and some project teams are all cut off.

At the same time, there is news that, in order to return to be everyone game arrears of cooperation, nearly 10 of the game manufacturer's representatives even formed a group of rights, ready to collectively to return the arrears.

Chen a boat in silence for several days, through the internal mail "clarifying rumors." Chen admits that in recent quarters, Renren's performance was unsatisfactory, the project's ability to control and priority judgments need to reflect, and said that everyone game must slow the pace of expansion, but the ultimate goal is to strive for independent listing.