Talent is the Fundamental Development of Chinese Parts Enterprises Should Grasp the Opportunity

Since the outbreak of the financial crisis, the auto industry has suffered continuously. The drastic reduction of the automobile industry has begun to affect the auto parts industry. Japanese auto parts makers start mass layoffs; UK auto parts maker Wagon PLC shuts down plant and cuts nearly 300 employees; Canadian auto parts industry's profit fell by 38%, and two years or layoffs; auto parts business Valeo The Group announced a global layoff plan for 5,000 people; France’s largest auto parts supplier will lay off more than 1,000 people to deal with the crisis; Sweden’s bearing manufacturer, SKF, will lay off 2,500 people worldwide, and it will continue to lay off multinational component giants worldwide. The message appears. Faced with this situation, China’s auto parts companies are also starting to feel bad, and employees are afraid that the big sticks that will lay people down one day will hit themselves.

It is understood that the company's use of layoffs to cope with the financial crisis is mainly due to the auto industry's production cuts resulting in fewer parts and components industry orders, sales slump, capital circulation is unfavorable, it was forced to significantly adjust the production system.

When the international auto giants have to lay off their staff in the face of difficulties, it is also difficult for China's auto industry to reach the sales target that was previously expected. The reduction of the automobile industry is bound to seriously affect the upstream and downstream industries, and the degree of impact of parts and components can be imagined. At this time, some parts and components companies may panic and do not know how to develop, how can we not be eliminated in the severe market. In fact, it is only at this time that the parts and components companies must think more calmly. Only when the companies themselves are strong can they not be eliminated in the competition.

Premier Wen Jiabao emphasized in his inspection work in Jiangsu that it is necessary to closely integrate education with economic and social development and closely integrate talent cultivation with employment. From the development policy that Premier Wen Jiabao emphasized, companies need not think about it, and talent is the foundation of all development. This time is a good time for companies to step up the training of talents and improve their internal skills.

The economy is cold, the auto market is sluggish, and the parts and components industry is hit hard. Under the circumstance that the wave of layoffs is fierce, many domestic companies have begun to use layoffs to deal with the crisis. However, there are also many companies that are doing their own thing. They think that now is a good time to hunt talent and practice internal strength. In times of hardship, the company does not abandon its employees, so that employees and companies can be more united in order to work together to overcome difficulties.

Experts pointed out that with the government's successive stimulus policies, the auto market recovery should be just around the corner. In the current sluggish market, domestic auto parts companies should take the initiative to seize the market, exercise their strengths, and increase their risk resilience.

Winter is coming and spring is not far away. Enterprises can not underestimate the side effects of “redundancy cuts”. If they do not work well, they will hurt the company and intensify the crisis. Enterprises and employees are the community of interests. If companies keep their employees in difficult times, employees will naturally increase their loyalty and confidence in the company. At the same time, they will also stimulate the enthusiasm and initiative of employees.

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