Jack Ma defends the ‘blessing’ of a 12-hour working day

Published by rudy Date posted on April 15, 2019

by BBC, Apr 15, 2019

The Chinese billionaire and co-founder of the online shopping giant Alibaba has continued to argue for a 9am to 9pm working day, and a six-day week.

The Chinese billionaire and co-founder of the online shopping giant Alibaba has continued to argue for a 9am to 9pm working day, and a six-day week.

Jack Ma’s backing for the so-called “996 system” is being hotly debated in the Chinese media.

Last week, Mr Ma wrote that without the system, China’s economy was “very likely to lose vitality and impetus”.

His stance was backed by fellow tech entrepreneur Richard Liu, the boss of ecommerce giant JD.com.

On Friday, Mr Ma called the opportunity to work 996 hours a “blessing”.

Mr Liu said years of rapid economic growth in China had boosted the number of “slackers”.

The country has enjoyed economic growth averaging 10% for more than 25 years – from the late 1970s to the mid 2000s – but in subsequent years that has slowed to nearer 6%.

The entrepreneurs’ comments come amid reports this week that JD.com is cutting jobs.

Mr Liu, who started the company that would become JD.com in 1998, recently wrote about his attitude to work, saying he used to set his alarm to wake him up every two hours to make sure he could offer his customers a full, 24-hour, service.

He wrote: “JD in the last four, five years has not made any eliminations, so the number of staff has expanded rapidly, the number of people giving orders has grown and grown, while the those who are working have fallen.

“Instead, the number of slackers has rapidly grown! If this carries on, JD will have no hope! And the company will only be heartlessly kicked out of the market! Slackers are not my brothers!”

Mr Ma co-founded Alibaba, sometimes called China’s eBay, in 1999 and has seen it become one of the world’s biggest internet companies.

The company’s market value is now approximately $490bn (£374bn), and Mr Ma’s personal wealth is estimated at around $40bn.

Last year, he announced that he would step down as executive chairman in the near future.

March –
IT’S WOMEN’S MONTH!

“Respect and support women
every day of the year/s!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
   Women’s Week
Week 3: Philippine Industry and “
   Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
   of the Girl Child Week
Daily Observances:

March 8: Women’s Rights and   
   International Peace Day;
   National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
   of Racial Discrimination
March 23: International Day for the Right to the Truth
   Concerning Gross Human Rights Violations
   and for the Dignity of Victims
March 25: International Day of Remembrance of the
   Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.