Chapter 427: He's a Boss

I recommend an author again today.

Charging plug: In the group of authors where the madman is located, it is the well-known "Qiangenniang" - definitely not "owed" - she is really a little girl. Special reminder: Don't try to flirt with her lightly. She's a little girl who will spray you with a "powerful stain remover" if you say anything ambiguous!

There are more than a dozen authors in the author group who are chasing her "Cannon Fodder Don't Want to Talk". The madman didn't have time to read it, but it was very happy to see several authors in the group urging her to change when they saw her.

(These words seem to be charged, and the day after tomorrow will be compensated for you by sending a chapter in the form of testimonials.) Thank you for your understanding!)

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After a grueling twelve hours. Guslet finally called Link and agreed to sell the couple's stake for three million dollars.

Because he knew very well that if he insisted, Link would really do that. Three million though less. But in reality, these shares are negative equity. If Link does that, he will get nothing, and he will go bankrupt immediately because the company is bankrupt. The bank will seize all his property.

Now he sells his shares, but it is not considered bankrupt, and the bank will not collect debts because of this. He could take three million dollars as a cushion. Then there will be time, and he will have time to find a chance to make a comeback.

Link doesn't care what the couple thinks. Anyway, the other party agreed, so he asked Matthew to draw up the text of the contract, and then he and Guslet signed an equity transfer agreement.

Now, he only needs to wait for the company to be delisted, and he can fully own the company.

He plans to delist, not to turn the retail chain into his own private property. Rather, it's because it's still negative equity. If he wants to remain listed, he must have a sufficient share of the shares in the circulating market. In the current situation, there is no difference between him selling shares and giving them away. And now the company has more than $160 million in debt. If this money is not earned, it is a failure of his investment.

To earn those debts back, his plan was simple. It is to invest in companies with bright prospects before going public. At that time, the stock price must have been much higher than it is now. At that time, the funds raised by the listing will be quite a part of his recovery of the debt, and there may be a lot of profit. Then his acquisition will be considered a success.

Of course, that's what Snapton analyzed with him. In fact, Thomas does just that.

After the Guslets left with their faces disgraced.

Link said to Snapton, "Teresa, it looks like you don't have a chance to be the lead actor on stage. However, you still need to complete the delisting procedures. If you need legal assistance, you can turn to Mercalli. McCully remains his personal lawyer.

"Good. If this is over, I plan to return to New York today. ”

Link nodded and said, "Okay." ”

He said to Matthew, "How long will it take for the company's finances to be audited?"

"We brought in enough people, and they were all the staff who were most familiar with the accounting business. I think I can sort out the accounts of these two years in two days at most. ”

"What's the reaction over there?"

"The finance manager was reluctant to hand over the books at first. Our man warned him that they were authorized by you to have access to the company's accounts. He reluctantly took out the ledger. ”

It was not surprising that Link was so obstructed by the auditors: "This finance manager is the brother of Guslet's wife. ”

And he stayed to solve this problem.

Although Guslet is said to be a public company, it is actually a family-owned company, with 53% of the total share capital in circulation. The couple accounted for 30% of them, and the other dozen or so shareholders together accounted for 17%, and the board of directors of this company was only a few people, almost all of whom were friends of Grest.

If it weren't for the company's three consecutive years of losses, those shareholders wouldn't have been able to sell their shares so easily. Of course, that's why Guslet didn't dare to drag other shareholders to sell their shares and didn't reply to the inquiry.

Most of the high-level officials of those key departments are also acquaintances of Guslet, such as relatives, such as a large number of siblings of lovers, and some related households. After Link asked Douglas to check the company, he realized why it was losing so quickly.

And those people, he has to get rid of them. Of course, if he has the ability and does not follow Guslet wholeheartedly, he can also consider letting people stay.

For this reason, he stayed in Renault for two more days, during which he went to work for two days.

As for what he said about changing Guguslet's office into an archive or something, it was just a tone of voice, now that Gurest had been driven out, he didn't need to change such a good office because of that person. He went to work in it. By the way, support the lawyer who audited the accounts.

In the past two days, the atmosphere within the company was very depressing, not only suspended all business, but also let a group of people check the accounts. Everyone knows that the new boss is going to use the knife. It's just that they don't know if the knife will fall on their heads. Layoffs or asset sales or whatever. Now the employment situation is not optimistic, if they lose their jobs, they don't know if they can find the same good job.

You must know that the pressure on all kinds of bills for these white-collar workers is also very high. Their pockets are very shallow, and once they don't work for a month, they may be strained in cash, and if they don't have income for two months, they may even have their right to foreclose the house. It may even be auctioned. They can't afford to lose their jobs.

Two days later, Link finally got the results of the company's financial audit before leaving work. He returned to the hotel with the report, and only halfway through it did he frown.

There are more than 10 million unnecessary expenses every year. According to the audit report, some of the company's top management will be reimbursed by the company for their fuel bills. And some company executives took the invoices issued by the supermarket to reimburse them from the company as work reception expenses.

Looking at the name of this high-level executive, he knew that these greasy Guslet might also know it, but there was nothing to do about it. He learned from Douglas's investigation that at least 10 of those top executives were from bank executives or associates of various political figures. As for others, it may be the same, or it may be the same.

Guslet, a bank relation, did not dare to do it, of course, because by moving these people, the bank might force the debt. And the relationship between those politicians is similar. Guthret had been discredited in the past few years, and perhaps he was still thinking about making a comeback and had to keep those people. I'm afraid he didn't expect those people to completely hollow out his company.

After he read the entire report, he saw that there were still a few people who were very self-disciplined. Some people can also control themselves a little. He recalled the report Douglas had given him. He needs to judge who can continue to use it and who must be driven away.

The next day, as soon as he arrived at the office and sat down, he asked the secretary who had been temporarily hired to call the manager of the company's finance department to his office through the internal line.

The manager of the finance department was a man in his early forties, with a bald head, a pointed top of his head, and a long chin. It made his face look long.

Link didn't even let him sit down. As soon as he came in, Link asked, "Mr. Hughes, what is the company's financial system that allows private cars to be reimbursed for gas at the company, or is it allowed for you to buy toilet paper at the supermarket and have the company pay for you?"

Yesterday the lawyers had only finished reviewing the accounts, and Link had called him in the morning. Hughes had probably guessed Link's purpose before he came. Therefore, Link questioned him without sitting down, and he did not dare to express any dissatisfaction.

And he had already thought of his words: "Mr. Hans, that's because there was some confusion in the management of the company before. All the top executives are accustomed to accounting for their personal expenses in the company. I promise it won't happen again in the future. ”

Link didn't want to listen to his nonsense, so he didn't even look at the other party and said, "Resign automatically, or I'll call the police." I'll give you thirty seconds to think about it. ”

"Mr. Hans, if you want me to go, you can fire me. But I'm not going to resign!" Hughes knew that with his relationship with Jaime Guslett, he knew that sooner or later he would be more than lucky, but he certainly did not want to resign. If he resigns, he will get nothing. But if he is fired by the company, he can be compensated.

As for the mistakes he made. He didn't think Link would use that as a reason to fire him. Because that involves almost all the top management of the company, and most of the top management is related. He didn't think Link would dare to do that.

But he was wrong.

Link wasn't going to keep those guys. For the first time, he looked at the bald head and said, "Then as you wish." You've been fired! Also, please get back within a week all the personal expenses you have been reimbursed from the company for two years, which is $361,900. I don't count the interest. However, the principal must be returned within a week. Otherwise, you can wait for a summons from the court. Well, now you can leave. ”

"Wait, Hans. I guess you haven't figured it out yet. Hearing that Link actually said that he should pay back the money, Hughes was a little anxious. "If you poke this thing out, you're going to offend a lot of big people in Nevada. I have to remind you that those colleagues come from a lot of backgrounds. ”

"Thank you for the reminder!" Link said with a grin, pressing the inside line to the secretary outside. "Vera, inform the Personnel Department that Mr. Hughes has been fired by me. They arranged for security guards to assist him in packing up his personal belongings and escorting him away. ”

Vera seemed shocked by the news, and responded after a while: "Okay. Mr. Hans!"

Hughes was furious when he saw that he was dismissive of his warning: "Link Hans. You'll regret it. ”

Link smiled and said, "Mr. Hans, you think I'm your scumbag brother-in-law? What kind of state legislator banker can handle me? Now please get out, if you don't want to be dragged out by the security guards." Now, get out!"

Hughes then remembered that the person in front of him was indeed completely different from his brother-in-law. His brother-in-law, in order to gain the support of others in his candidacy for state legislature, had to appoint those state legislators or federal legislators as senior executives of the company. In the last three years, in order to get loans and keep the bank from forcing debts, he had to hire a large number of high-level bank contacts.

Link, however, didn't have to pay any attention to those people.

Thinking about this joint, he went from being able to get a large amount of compensation to compensating the company a lot of money, and this psychological gap made him lose his soul and leave Link's office.

Then the people in Lin's company suddenly discovered that Link had actually attacked one of the most important departments of the company. The manager of the finance department was fired. Everyone's hearts are awe-inspiring.

But they soon found out that Hughes was not the only one, and then one after another senior executives were called in by the new boss to talk. Those managers and deputy managers, one by one, went in and came out dejectedly, and then packed up their things and left. All of a sudden, the company's security was insufficient.

Of course, the most apprehensive about this situation are those who have not yet been called to talk.

But this does not include Benedict, the director of the marketing department. He already knew that Jaime Guslet's shares had been sold to Link, so he felt that Link was purging James Guslet's people. And he was recruited by James Guslett with a high salary. As Director of Marketing, he is the most powerful executive in the company. This can be seen from the fact that the head of other departments is called a manager, and his position is only that he is a director.

He felt that Link couldn't possibly keep someone like him in this position with a distinct Guthlett mark.

In fact, in the past few years, the company has been overwhelmed, but Guslet has not found a way to solve it at all. He had already thought about it, but he didn't have a good chance yet. So for him, it was only a matter of time before he left.

But being fired is not the same thing as being poached.

He was wondering if he would be fired, when he received a call from Link's interim secretary: "Director Benedict, Mr. Hans has invited you to his office. ”