Stanley Black & Decker, founded in the United States, is a leader in the power tool industry and has branches in several economically developed cities in China, one of which is in Shenzhen. It is really shocking that Stanley Black & Decker Precision Manufacturing (Shenzhen) Co., Ltd. announced the early dissolution of the factory without warning. The factory was still hiring a lot a few days ago, which was undoubtedly a bolt from the blue for the employees of the company.

The announcement issued by Stanley Black & Decker Precision Manufacturing (Shenzhen) Co., Ltd. mainly has three contents. First of all, briefly explain the reasons for closing the branch. The company said that due to the great changes in the market environment and fierce competition in the industry, the head office had to reorganize its business resources and improve its brand competitiveness. After research, it can only regret closing its Shenzhen branch. Second, it shows that the labor contract is terminated through friendly negotiation with all employees, and the contract liquidated damages higher than the legal standard are compensated. The third is to apologize to employees.

Everyone who has worked in Stanley Black & Decker Precision Manufacturing (Shenzhen) Co., Ltd. knows that this company is a rare good company with high salary and good welfare. The employees are somewhat sorry that such a good company has closed down. However, many employees feel very gratified after receiving high compensation, and many people say that they have never seen such a high fine.

Stanley Black & Decker Group 20 12 was established in Shenzhen. It is a benchmark enterprise in Shenzhen. Supported a lot of employees, the company has also achieved good development. How can such a large-scale enterprise fail? In recent years, many foreign-funded enterprises with high wages and good welfare have successively withdrawn their branches from the China market and moved to Vietnam and India. The labor force in Vietnam and India is cheaper than that in China, but is this really the direct reason for foreign companies to close their branches in China? After the older generation of migrant workers withdrew from the rivers and lakes, the new generation of young people lacked a fighting spirit. Many foreign-funded enterprises report that employees are making trouble, and Stanley Black & Decker Precision Manufacturing (Shenzhen) Co., Ltd. also has this problem. Why can't China keep good foreign-funded enterprises? This problem deserves our deep thought.