Hot! A real estate company publicly laid off 70% of its staff!

Of the 45 real estate companies that

have published the 2022 annual report, 34 laid off employees last year.

According to the published annual report data of 45 enterprises,

1. Last year, 34 real estate enterprises laid off nearly 130,000 people, and 5 real estate enterprises expanded their recruitment by nearly 20,000 people.

The above data reveal that at least 110 thousand people have been forced to leave the real estate industry.

2. Last year, Yuzhou Group laid off 73%, Zhongliang laid off 57%, Times China laid off 55%, Rongxin Group laid off 50% and Zhengrong Group laid off 50%. Housing enterprises with a large proportion of

layoffs have basically sold assets or property companies last year and this year, and will not engage in the real estate industry in the future. They have a common feature, that is, they have not participated in the open market auction in the past three years.

3. Last year, the top five real estate companies laid off more than 30000 employees in Country Garden Holdings, 27000 employees in Rongchuang China, 8045 employees in Fuli Group, 7677 employees in Vanke Group and 7118 employees in Xincheng Holdings.

4. Last year, the top five real estate enterprises were C & D International (43%), China Resources Land (12%), China Merchants Shekou (6%), Agile (3.5%) and Yuexiu Real Estate (2.34%).