Whip bull Shi February 21 news, today, AI company Emotibot announced a shutdown of production for 6 months, from 10 o'clock on February 20, 2024 to 19 o'clock on August 19, 2024, for the optimization of loss-making business lines, some departments and positions will be suspended from now on, and reorganized.
The following is the full text of the internal letter:
Due to the difficult operating environment in which the company operates, which has been adversely affected by many parties, business needs have decreased significantly since 2023, which has brought serious cash flow pressure and challenges to the company. In order to respond to the current situation and ensure the long-term development of the company, we are adjusting the direction of our business, during which we will prioritize ensuring the high quality of service to our customers and improving the quality of our delivery, aiming to improve customer satisfaction and strengthen the exploration of new technologies and products. For loss-making business lines, we will optimize them, and some departments and positions will be suspended and restructured from now on.
Suspension of work and production for 6 months from February 20, 2024, from 10 a.m. on February 20, 2024 to 19 a.m. on August 19, 2024. During this time, we will continue to monitor market dynamics, actively seek opportunities for business development, and ensure that each team member is cared for. The company will keep in touch with you at any time to communicate the information of returning to work or other relevant arrangements in a timely manner.
1. Wage standards during the suspension of work and holidays.
According to Article 12 of the "Shanghai Municipal Human Resources and Social Security Bureau on Printing and Distribution", the wages of employees shall be paid according to the agreement within a wage payment cycle from the first day of suspension of work and leave to the full month of one month.
If the holiday is completed for one month, it will be regarded as more than one wage payment cycle, and the company shall pay the Shanghai minimum wage standard according to the regulations.
2. Other guarantees for employees during the suspension of work and holidays.
During the suspension period, the company will continue to pay social insurance and housing provident fund for employees in accordance with the relevant regulations of Shanghai.
Thank you for your understanding and cooperation during this difficult time. If you have any questions, please feel free to contact us.
According to public information, Emotibot was founded in 2015 by Mr. Jian Renxian, former vice president of Microsoft (Asia) Internet Engineering Institute, based on unique artificial intelligence technologies such as affective computing, natural language processing, deep learning, knowledge engineering, and text processing, integrating AI capabilities into enterprise business, empowering enterprises, and transforming intelligent transformation Solution platform, NLP natural language processing platform, SCORPIO automated machine learning platform, and WFEA super workflow automation platform. At present, it provides complete solutions in the fields of AI + finance, AI + enterprise, AI + health care, AI + manufacturing, AI + intelligent terminals, and AI + government affairs.