Internet giants quit the chain.
Editor’s note: This article is from WeChat public account “DT Finance” (ID: DTcaijing ), author Zhong Wei, He Shuyao, Editor Lu, Design Zhang Haohao .
Cline left the company after signing all the resignation procedures.
This is Celine’s fifth year in Tencent. From the day I joined the job, the job almost satisfied her definition of “perfect work”. “Large platform, high starting point, matching the high income of first-tier cities…”, Celine has no regrets about the old club.
But with the passing of the golden age of the Internet, unlimited products rushed to users for a limited time, and the days of Dachang people are no longer as calm as they used to be. “Now there are many products within Tencent that have a very short life cycle, which is so short that even employees have not heard of it.” If the product is unsuccessful, the organizational structure may be adjusted. The result of the adjustment or the transfer or resignation – “even if it is just newcomers”, Celine told DT Finance
(Public ID: DTcaijing)
.
In the end, Celine chose to leave.
In the big picture, many Internet people have made the same choice in this torrent. Affected by the economic situation, the overall recruitment situation has been greatly tightened. LinkedIn data shows that
The number of new jobs in the “Golden September and Silver 10” recruitment season decreased by 33% compared to 2017.
Pulse data display,
In the entire industry, the IT Internet industry is the only talent gap is negative
(number of outflows > number of inflows)
Industry
.
Where are these “factory workers” who chose to leave, where did they go?
01 Which internet talents are the most serious?
The most workplace news in 2018 is nothing more than layoffs. At the end of September 2018, Jingdong Financial Report showed that the company lost more than 8 million active users in the third quarter. What followed was the rumor of the layoffs in Jingdong.
Since September 2018, Tencent has initiated major organizational restructuring and started from the middle. At the staff meeting at the end of 2018, Ma Huateng once again said that 20% of the quotas will be awarded for the promotion of cadres.Tilt younger cadres first…
This series of operations not only affected the employees of the corresponding departments, but also sounded the alarm for other companies.
There is no absolute safe work. Only when you take the initiative to leave your job and talk about a good income is the right choice.
So, the pragmatic Internet people started a job-changing drama. The protagonist of this drama is nothing more than Baidu.
Although Baidu’s revenue exceeded 100 billion yuan for the first time in 2018, this good result came a bit late. The lack of talent at the top management seems to have caused the “Wolf Factory” to lose patience and confidence in the company. Lu Qi’s departure directly opened the curtain of Baidu’s brain drain.
The report of the Pulse Institute also confirmed the dilemma of Baidu –
In 2018, Baidu was the source of Top 1 talent for 17 large Internet companies in China.
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▲Swipe up and down to view More Internet Enterprise Talent Flows
Someone took the initiative to leave, and some people passively sought employment. In addition to the structural adjustment of Baidu, Netease’s structural optimization led to the layoffs, which also provided a source for the Internet talent market.
2018, Caijing quoted a NetEase employee as saying that Netease’s strict layoffs ranged from 30% to 40%; NetEase’s taste of layoffs was close to 50%; and the Education Products Department planned to cut from 300 to less than 200; 40% or so.
In addition to this, there is another situation that may increase the crowding of the talent market – the battle is defeated. In 2017, in order to get hungry and grab the O2O market, the US group constantly absorbed talents. With the Ali system formed a hungry + word of mouth + box horse fresh life + Tao ticket + flying pig alliance, the US group is not to be outdone to form a US group takeaway + US group reviews + palm fish fresh + cat eyes movie
(has already merged
) + The front line of the US group travel.
There are opinions on both sides of the competition results, but the data clearly tells the onlookers – the US team commented on the employee’s job-hopping preferred Alibaba, hungry?The largest “talent supply station” is also the US group comment. I can tell,
The company’s bullets are almost the same, and the soldiers should leave.
.
Proactively leaving, passively leaving, and losing the battle. The company’s series of measures and actual conditions have made the “X-factory employees” in the transfer market more and more. Those who thought they were suffering from the high-speed development of the Internet, and reached the goal of rising N-level and salary-raising targets.
(even the middle of the company)
Also began packing luggage and looking for a more cost-effective offer on the market…
02 Where did they go?
Previously, for employees of the Internet First Echelon Company, job hopping was usually in a closed loop of BAT. While Baidu and Tencent’s employees concentrated on Alibaba, Ali’s employees preferred to jump to Hungry, Ant Financial, Youku and other Ali companies.
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But now this closed loop is open because there is a new squid on the market – bytebeat.
The 2018 byte hopping momentum is fierce, and it is the company with the most talent inflows throughout the year. At the beginning of the year, the vibrating voice of the singer rushed into the software factory of Zhang Yiming. According to reports, the staff structure of bytebeat is different from that of traditional Internet companies. About half of the total of 40,000 employees are engaged in advertising sales or content review, some are algorithm-related, and about 5,000 employees are software engineers.
This technology company, driven by a personalized recommendation algorithm, is actually a labor-intensive company. After completing the established sales performance of 15 billion in 2017, Zhang Yiming set a target of 50 billion for the company in 2018. Therefore, the byte hopping HR has to do is to recruit, recruit and continue to recruit people.
(This year, the revenue target of bytebeat mentioned 100 billion, and recruiting is still going on)
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It’s different from the practice of standing on the whistle of the times.
“Lost aristocrats” Baidu’s recruitment is more “small and beautiful” – attracting special talents and arranging the future ahead of time
.
“Baidu’s strength in AI is comprehensive, and Baidu can get a lot of learning opportunities,” Navy said to DT Finance. 2018