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Mengniu responds to the layoff of 6000 employees: there is a significant discrepancy in the numbers, it is a normal adjustment of the company.
On December 23, Jinshi Data reported that recently, there has been widespread speculation online that 'Yili may cut more than 6,000 employees to fulfill its commitment to COFCO.' This has sparked concern. A source close to Yili confirmed that there have indeed been layoffs recently, but the number is significantly different from the speculation. There is also no information about Yili making a commitment to COFCO regarding layoffs. Over the past two years, Yili has been adjusting its workforce, with both departures and new hires.