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domestic gpu manufacturer xiangdi has already started laying off employees: the compensation standard is n 1

2024-09-03

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on september 2, the domestic gpu manufacturer xiangdixian computing technology (chongqing) co., ltd. (hereinafter referred to as "xiangdixian") issued a clarification announcement on the evening of september 1, saying that the previous rumor of "xiangdixian's entire staff disbanded" was untrue. however, according to the internal email provided by xiangdixian's internal employees to xinzhixun, xiangdixian has already started large-scale layoffs, with a compensation standard of n+1.

recently, several insiders broke the news that xiangdixian held a full staff meeting on august 30, announcing the company's official dissolution and the termination of the contracts of all 400 employees. another insider broke the news that xiangdixian has already owed employees two months' salary.

on the evening of september 1, xiangdixian released a "clarification announcement on recent false rumors" through its official wechat public account, saying that the company has not taken any dissolution or liquidation measures, but is optimizing its organizational structure and staffing to reduce costs and increase efficiency. the company is actively looking for financing opportunities.

according to the latest internal email obtained by xinzhixun, except for those who are needed to maintain business during the restructuring period, all other employees of xiangdixian will face layoffs, which means that most of the company's more than 400 employees may be laid off. the official reason for the layoffs is "in view of the huge difficulties faced by the company's operating funds, the company's management has decided to enter the restructuring stage from september 2024."

in order to facilitate employee resignation and handover, xiangdi has launched a simplified resignation process, which does not require employees to submit resignation applications in oa.

as for the compensation standard for laid-off employees, it is n+1, and the employees' social insurance and housing provident fund will be paid until august 2024.

《related article: once valued at 15 billion! this domestic gpu manufacturer announced its dissolution, and all 400 employees were laid off! 》

according to the data, xiangdixian was established on september 29, 2020 with a registered capital of approximately 17.83 million yuan. it is a high-performance general/special processor chip design company. the company is headquartered in chongqing and has established r&d centers in beijing, shanghai, chongqing, chengdu, suzhou and other places. the company is led by top scientists in the field of computers and high-end chips in china, and has gathered a group of senior experts with an average of more than 15 years of experience. at present, the company has obtained more than 100 national invention patent authorizations.

xiangdi first mainly develops high-performance, low-power general-purpose cpu/gpu and related special-purpose chip products suitable for desktops, workstations, edge computing and other fields. it uses the permanent architecture license of img b series and c series from the well-known gpu ip design manufacturer imagination technologies. it has currently launched two gpus, "tianjun no. 1" and "tianjun no. 2". after multiple rounds of financing, the company's valuation once reached 15 billion yuan.

editor: core intelligence - rurouni ken