Why outsource employees?Tencent will outsource some non-core businesses to third-party companies. Employees of third-party companies have to go to Tencent to work, but they are not regular employees of Tencent. Although they work in the same building, their benefits are not comparable to those of regular Tencent employees.
On New Year’s Day this year, a self-proclaimed Tencent outsourced employee broke the news that he had robbed the red envelope on the New Year’s Day group, but the team leader said that the red envelope did not belong to the outsourced employees, and asked him to return the 5 yuan he grabbed to the group. The employee said he was insulted and determined to leave after a year.
According to the financial report for the first quarter of 2022 released by Tencent Holdings, the company’s net profit for the reporting period was 23.4 billion yuan, down 51% year-on-year and 75% month-on-month. In contrast, the company’s administrative expenses reached 26.7 billion yuan, a year-on-year increase of 41%. This part mainly includes share-based compensation expenses, research and development costs, and employee costs.
As of the close on August 4, Tencent Holdings’ share price was at 310.600 yuan, and the share price has returned to 5 years ago.