EACON's application in digitally controlled machine tools

In the early days of the new year, 200 enterprises in Hangzhou launched a call for “Performing Social Responsibility and Safeguarding Jobs,” urging social entrepreneurs to commit to keeping employment stable. The message was clear: no layoffs, no pay cuts for frontline staff. This initiative reflected a strong sense of corporate responsibility amid the global financial crisis. Employees are more valuable than money, and confidence is more precious than gold. Companies that prioritize social responsibility over short-term profits have emerged as leaders during this challenging time. In Hangzhou, many businesses have taken significant steps to maintain stability, showing that true leadership lies in supporting workers through tough times. At a recent ceremony honoring enterprises for their social responsibility efforts, Wang Jianrong from Fortis Group read out a proposal on behalf of 200 companies and 230,000 employees. The message emphasized maintaining employment and working together to overcome difficulties. Fortis not only avoided layoffs but also planned to hire 600 university graduates in 2009-2010, ensuring future talent development. Hangzhou Rubber Group, a state-owned enterprise with nearly 20,000 employees, faced severe challenges due to the downturn in the tire industry. Despite the pressure, Chairman Shen Jinrong vowed not to lay off workers, even if it meant sacrificing short-term gains. His commitment reflects the growing awareness among Chinese companies that employee loyalty is a key asset. Zhu Wenbin, an employee at Hangzhou Paint Company, expressed his gratitude, saying, “This year has been the hardest, but the company has stood by us. I will stay with them no matter what.” Such sentiments highlight the deep bond between workers and employers during uncertain times. Bao Tianxiong, chairman of Hangzhou Paints, noted that despite rising costs, the company managed to increase profits by 10.3% in 2008. This success came from teamwork, cost-saving initiatives, and a shared determination to survive the crisis. “The cohesion of our employees has never been stronger,” he said. Many companies in Hangzhou realized that employees are their most valuable resource. During the crisis, some even used idle time for training and development, preparing for a stronger recovery. As Chen Yongliang of the Hangzhou General Union of Trade Unions pointed out, keeping employees during tough times helps maintain workforce stability and long-term growth. Layoffs, while common during economic downturns, are seen as irresponsible actions that harm both the economy and people’s livelihoods. Wang Guoping, Secretary of the Hangzhou Municipal Party Committee, urged entrepreneurs to follow the 200 companies’ lead, focusing on market expansion, structural adjustments, and job creation. Wanxiang Group, with over 20,000 employees, demonstrated its commitment by maintaining full bonuses and covering travel expenses for foreign workers. Chairman Wan Guanqiu emphasized that protecting employees is essential, stating, “When it's difficult, we must protect them.” Shen Jinrong of Hangzhou Rubber Group echoed this sentiment, calling layoffs an irresponsible approach. Instead, the company focused on adjusting strategies, expanding markets, and reducing costs to survive the crisis. Retaining employees is not just about preserving jobs—it’s about safeguarding the future of the business. In a time when many small and medium-sized enterprises struggled or closed down, Hangzhou’s commitment to keeping people employed stood out as a beacon of hope. As the city faced rising unemployment pressures, local leaders stressed the importance of protecting vulnerable groups and ensuring fair treatment for all workers. Through collective effort and shared sacrifice, companies and employees alike navigated the storm, proving that resilience and solidarity can turn adversity into opportunity.

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