Rebirth of the fighting nation's rich second generation

On Thursday afternoon, the Ivan family held an impromptu group high-level meeting at the Moscow headquarters. Since Vladimir is far away in London, he can only participate in the meeting through video conference.

Before the meeting, Andre reported to him the agenda of the meeting. This high-level meeting mainly focused on two topics, one was layoffs, and the other was financing.

It seems that there are two problems, but they are actually one problem, that is, there is no money.

At the beginning of the meeting, the group's CFO (financial director) disclosed the group's income and expenditure statement for the fourth quarter.

From the data point of view, it is not ideal.

Because of tax evasion, the Siberian tourism company was sold at a low price, and the direct economic loss caused this time reached more than 20 billion US dollars.

At the same time, the oil field in the Middle East is also a black hole. Although the current project is temporarily shelved, the cost is calculated according to the number of days. The daily cost is 30 US dollars. According to the two-month negotiation interval, the loss is also 2000 million US dollars. Right or left, this is only the loss of the delay in the construction period. If the oil field reaches an agreement with the Middle Easterners and the Americans, a lot of start-up funds will be needed.

The temporary changes that occurred after the successful acquisition of the Imperial Hotel doubled the group's financial pressure. In order to speed up the progress of the project, the group not only signed contracts with various decoration companies in the early stage, but also paid hundreds of millions of dollars in advance. After the hotel became the target of terrorist attacks, the renovation project was naturally stranded indefinitely, and the daily cost of the hotel was also hundreds of thousands of dollars.

In particular, if the threat of terrorist attacks is not lifted, they will face a greater financial crisis.

Such a financial crisis has never been seen by Maxim in all these years of business ups and downs.

Since being invited by the procuratorate to drink tea last time, the major banks have also reduced their loans to the group. The current cash flow of the group is only a few hundred million dollars. It is obviously not enough to maintain the normal operation of a huge group.

After listening to the CFO's report on the financial statement, Maxim's forehead was covered with a dense layer of sweat. He even picked up a wet towel and wiped his forehead back and forth.

After finally wiping off the beads of sweat on his forehead, Maxim slowly looked at the participants around the venue, adjusted his gold-rimmed glasses, and then said: "Everyone, our group is facing an unprecedented situation right now. Crisis, this kind of crisis seems to be a problem of cash flow, but in fact it is a crisis of our lack of risk resolution. In the past, we always thought that financing was very simple, and there were major banks in Moscow to support us. However, in the current situation, the banks It is almost difficult to give us a complete picture, so we must have corresponding solutions. My personal idea is that we need to lay off staff and simplify administration. For this reason, I asked the human resources department to formulate a set of layoff plans. According to the layoff plan, each All departments are involved, we have to streamline one-fifth of the employees; at the same time, the remaining employees are not necessarily safe, the group will also issue internal debt, and we plan to raise funds through internal financing..."

Maxim's words made many participants feel quite shocked, especially the layoffs. Many high-level executives didn't know about this matter beforehand, and it was too late to respond to such a mention at the meeting.

The senior senior officials of the family's future heirs Vladimir and Boris knew about this situation, but those senior senior officials still had something to say.

Yegel, one of the elders, spoke first: "Chairman Maxim, should such a large-scale layoff also take into account the impact on society? As far as I know, once the company lays off employees, the main reason is poor management. Profits are declining. Otherwise, ordinary companies will not lay off employees. They will choose to expand their scale to appease their employees. Now that we are laying off employees on such a large scale, will it send a signal to the outside world that our group has begun to walk? Downhill? If this effect is achieved, I believe that whether investors or banks, they will take a more wait-and-see attitude towards the future development prospects of our group. This wait-and-see attitude prevents them from participating in it, let alone Will bring us any favorable help, so my personal suggestion is whether the layoffs are really necessary?"

cho (manpower director) immediately followed up and explained that according to the current position and personnel ratio, although the current personnel is in a normal state, this state is not a saturated state, so according to estimates, one fifth of the layoffs rate is more appropriate.

Yeager continued: "Is it more appropriate to cut salaries for all employees? I can personally take the lead in reducing salaries. At the same time, I also suggest that each of us should have a sense of saving and have the concept of taking the group as home instead of spending money. Spend a lot of money, "

Regarding the method of reducing the salary of all employees, the human resources department has not considered it. After calculation and analysis, they believe that the effect of reducing the salary of all employees is far worse than that of layoffs, and it is difficult to ensure the enthusiasm of employees; and layoffs are to stimulate employees' enterprising consciousness. .

This time Yegel stopped talking.

Boris finally spoke: "Mr. Chairman, what our group is facing now can be said to be a crisis, not a difficulty. Sometimes we need to show the courage of a strong man to survive with a broken arm. Layoffs are one aspect, and the non-performing assets are resolved. On the other hand, my personal suggestion is that the oil fields in the Middle East should be sold as soon as they should be sold without hesitation; as for the Imperial Hotel, this may be a wrong decision in our investment direction. I did not expect to be targeted by terrorists. , if this news had been known earlier, maybe we would not have participated in the bidding auction. If possible, my suggestion is to sell it at a loss. Threatening us, this business can't go on at all. Of course, I personally support Mr. Yeager's salary cut just now. In many cases, we spend money like water without considering the cost at all. There is too much waste. It's..."

When it came to the end, Boris had a heartbroken face... Naturally, his words made many high-level officials present nod their heads involuntarily.

Maxim smiled bitterly: "It's not that I haven't thought about selling oil fields in the Middle East, but the quotation is too low. When we bought it, it was worth 50 billion U.S. dollars, and the highest price of those sellers was 20 billion U.S. dollars. One buy and one sell We lost at least 30 billion U.S. dollars, which is very unreasonable and not cost-effective; as for the Imperial Hotel, a few weeks ago, we had already confirmed that the future development of the group would be transferred to Europe, and we were about to sell it just after the auction. It will have a great impact on the reputation of the group. I would rather not sell the Imperial Hotel if it is rotten in my hands. As for the salary cut, the human resources department has already analyzed it, so there is no need to continue arguing on this issue. We are not cutting salary, but It's layoffs. If there is no disagreement, just do what I say."

"Boss, I still have something to say." Just when everyone thought the meeting was coming to an end, Yakov, one of the elders, also spoke.

Yakov, like Boris, was one of those who followed Maxim when he was young. Within the group, he would do nothing if he didn’t speak up, but once he did speak up, it would definitely be an attack.

Sure enough, Yakov unceremoniously attacked the future heir Vladimir.