Chapter 941: The Bankruptcy of the Jingbei Factory
Now that he had returned from Tianjin, Lu Miao temporarily put aside the things at hand and followed him into the house, holding the passbook.
"How's it going? Have you come up with a charter this time?"
"Um."
Fu Jingyou spoke in a heavy tone. After taking off his Zhongshan suit and hanging it on the door, he sat down on the kang exhausted.
Lu Miao put the passbook into the cabinet and considerately poured him some water:
"How do you say that?"
Fu Jingyou struggled to lower his eyebrows, seemingly dissatisfied with the result. He took the cup and drank two sips of water. After a while, he spoke:
"It seems the higher-ups are giving up on the factory in northern Beijing."
"Give up? Then what are you going to do?"
Fu Jingyou took her hand, put it on his lap, and continued:
"This isn't the final result yet. It's just my guess. The Director General wants to transfer me to the Jinmen Dachang plant and have someone else take over here."
Lu Miao's brows tightened and he asked:
"Will being transferred to a large factory also mean you'll be assigned the position of factory director? If not, wouldn't that be a disguised demotion?"
Fu Jingyou patted her hands and comforted her:
"It's just a job title downgrade, the administrative level and benefits remain the same as before."
Lu Miao puffed his lips and asked unhappily:
"So you are the deputy director now?"
Fu Jingyou shook his head.
"What?"
Lu Miao cried out in surprise, then pulled his hand back and the scene suddenly became more intense:
"Lower than the deputy factory director?!"
Fu Jingyou pulled her back, took her into his arms and coaxed her:
"Do you dislike me?"
Lu Miao raised her head and gave him a cold look, then turned away with a coquettish hum and leaned in his arms without saying a word.
His administrative position was retained, his benefits remained the same, and he was earning the same amount of money, so what could she possibly complain about him for?
It's just a concern...
If I were transferred to Tianjin for work and lived at home, it would take more than two hours to drive there.
It takes four or five hours to go back and forth.
I spend the whole day on the road.
Besides, if I am transferred there, I will have to adapt to the working environment again, and I don’t know if my colleagues are easy to get along with.
Lu Miao thought to himself and complained aloud:
"Your headquarters is really weird. People are doing well here, so why do you have to transfer them over there? Don't you mind the hassle?"
Fu Jingyou took her hand and put it close to his lips, explaining:
"It's always like this when implementing a new policy. There's always a difficult road ahead, but things will get better over time."
Under the planned economic system, all means of production belong to the state and collective ownership.
The operation of the factory and the upgrading of equipment also rely mainly on state financial grants.
Now the new policy is transitioning to a market economy. Although the factories' right to independent management has been gradually relaxed, the state's financial support for enterprises is also gradually decreasing.
In addition, there is redundancy of staff and low work efficiency, and state-owned factories are also responsible for providing welfare benefits such as pensions and medical care for their employees.
Many large factories could not bear the sudden interruption of capital supply, and some of them had to retire or wait for work for a long time.
If this is the case for big factories, what about factories like those in northern Beijing?
After the previous corruption incident, the factory had been drained of funds and was in debt. Fu Jingyou came up with a lighter business and was able to barely survive.
If this happens now, they can declare bankruptcy directly.
The General Administration's arrangement for the meeting recently shows that they are more optimistic about Fu Jingyou.
Otherwise, even though he is a cadre, he would probably have to enjoy retirement benefits in advance like those retired employees who were persuaded.
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