Chapter 783: Take over

When Jiang Hui arrived at the Jaguar Land Rover headquarters, Guan Weidong and the others had already completed all the formalities.

Legally, Jaguar Land Rover already belongs completely to Kornj, and all that is left to do now is to make it de facto also under the control of Kornj.

If the economic situation is good, let alone really take over, it is difficult to buy back even on the surface.

But now the subprime mortgage crisis is getting worse, GM has planned to lay off 30,000 workers, Chrysler has laid off 20,000 jobs, and Ford has already laid off more than 10,000 people.

Even so, major car companies continue to consider layoffs, even if some car companies are running well, they have begun to consider reducing costs, even if they do not lay off employees, they are also freezing personnel recruitment.

As an automobile company that has been losing money for many years, Jaguar Land Rover's employees are most afraid of layoffs or salary cuts by the new owner.

And as long as Guanghui Automobile does not move these two sensitive areas, it will not be much trouble to take over the work.

Of course, this kind of reception certainly can't be arranged for a bunch of people from Brilliant cars to go to Jaguar Land Rover, which is really exciting.

That's when Kenny's value is on full display.

For Jaguar Land Rover employees, the change of board members, the new chairman is still the original board member.

The newly promoted directors are also the top of the original company, and none of the parachuted executives have come in.

"Have you seen the company's personnel appointments? That stubborn Johnson has been ripped off his chairmanship."

"Yes, it's normal, the new owner takes office, and it's impossible to be indifferent to the current bad situation."

"Well, in recent years, only the sales of the Land Rover brand have been growing, and letting the vice president in charge of Land Rover sales be the chairman, although it is considered a leapfrog promotion, but it is not surprising to everyone."

"I heard that the board of directors is still very fierce this time, and Johnson originally wanted to continue to control the board, but at the critical moment, Kenny and several directors jumped out to oppose it, and there was shareholder support, which can be regarded as bringing Johnson down."

"Johnson isn't a complete failure. I heard that the new owner still offered him a very good retirement package."

"Well, our new owner isn't too annoying."

"No matter who the shareholder is, as long as our salary does not decline, if we do not do anything to lay off employees, and it has no impact on my work, I don't care."

Many times, Chinese people feel that foreigners like to protest and march no matter what they encounter.

Actually, no, what you see in the news is only a small part of the filtered content.

For ordinary people, as long as you don't touch my cake, most of the time, everyone is indifferent.

The difference is only that if you move my cake, ordinary people in the West generally want to rise up and resist, but ordinary people in the Celestial Empire often choose to go against the grain.

……

After Kenny became chairman of Jaguar Land Rover, the first task was to adjust the division of the board of directors and assign some important tasks to the directors he trusted.

Immediately afterwards, according to the content of Jiang Hui's communication with Kenny in advance, Kenny adjusted the person in charge of the Jaguar Land Rover Tianchao branch.

Not to mention that the people of Jaguar Land Rover Tianchao Branch have not taken the initiative to contact Guanghui Automobile until now, this kind of unethical management personnel, Jiang Hui must be adjusted.

Besides, the Celestial Empire will become the most important market for Jaguar Land Rover in the future, and a large part of Jaguar Land Rover's turnaround will depend on the Celestial Empire market.

This is also the only area that Jiang Hui is currently working on, and the members of the board of directors of Jaguar Land Rover also see it very clearly, so they naturally will not get along with the big boss for this little thing.

After all, the current Celestial Empire market is really not the focus of Jaguar Land Rover, and it can't even enter the top five.

For the sake of personnel appointments in an "unimportant" market, no one bothered to touch the mold.

However, if everyone knew the importance of the Celestial Empire market to Jaguar Land Rover in the future, they might not think about it in this way.

It's just that by the time these people reacted, Jaguar Land Rover had already completely fallen into the hands of Glory Automobile.

"Ladies and gentlemen, on behalf of our shareholders, I would like to announce the good news that for the future development of Jaguar Land Rover, Korn Ferry will inject $500 million into Jaguar Land Rover for the development of new models," Kenny said, sitting in the middle of the conference room, to the middle and senior management of Jaguar Land Rover attending the expanded board meeting.

As the name suggests, the enlarged meeting means that some non-board personnel also attend the meeting, such as some supervisors, company executives, technical backbones, etc.

When Jaguar Land Rover's new and old shareholders are replaced, and major events such as the change of the board of directors are superimposed, it is necessary to convene key figures to participate in the expanded meeting of the board of directors.

"Is it a one-off investment of $500 million?", one director confirmed.

Although when Ford sold Jaguar Land Rover before, it asked Guanghui Automobile to invest 500 million US dollars in the next three years to develop new models, but did not specify how to invest in it.

"Yes, all the funds will be in the company's account within three days", Kenny replied beyond everyone's expectations.

"Of course, the shareholders also raised some expectations, and we still use Ford engines for now, but this is only temporary, and our company needs to develop the next generation of engine technology on its own."

"That's no problem at all, we used to have our own engine reserves, and now we should be able to pick them up quickly. Besides, in the field of engines, we still have a lot of talent in the UK, and we can also recruit some appropriately."

"Indeed, when everyone is busy laying off employees, we should be able to quickly stabilize the state of employees, so that they do not have to worry about the company considering layoffs."

"yes, yes. Recently, the company has been a little nervous, worried about whether the new owner will take over some layoff measures, if we not only do not lay off employees, but also recruit more, everyone should be able to stabilize quickly."

Several directors continued Kenny's words.

"No problem, our shareholders are also optimistic about the development of the automotive industry, and the future of Jaguar Land Rover will be bought with a lot of money, and I agreed to the request to recruit additional engine technicians," Kenny said with a smile.

The Board then discussed some of the issues faced by Jaguar Land Rover and received feedback from various departments.

"Now, let's talk about the last topic of the day", and when everything else has been discussed, Kenny begins to announce the last topic.

"That is to discuss the issue of a joint venture between Korn Ferry and Jaguar Land Rover in the Celestial Empire."

(End of chapter)