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The 300 million project exploded, and the employees were cut and transferred!

author:Attentive Devon 4d2

Recently, the labor dispute between the employees of Kyushu Securities and the company has once again become the focus of the market, caused by the company dispute caused by the previous Treasure Island project lightning incident. The company claimed that the employees were at fault in the Treasure Island project, which caused the company to suffer significant economic losses, so it filed a series of lawsuits. However, in the employee's defense and arbitration, the court ultimately ruled in favor of the employee, holding that the company did not have the right to reduce wages without authorization, emphasizing that the overall management risk of the company could not be transferred to individual employees. This article will take a closer look at the incident and the claims of the parties, culminating in the court's support of the employee's position.

The 300 million project exploded, and the employees were cut and transferred!

## Event Overview

The labor dispute caused by the lightning explosion between employees of Kyushu Securities and the company has once again attracted market attention. The incident originated from the Treasure Island project explosion, which led to an indissoluble bond between the company and employees.

## The company's claims

The company insisted that its employees were at fault in the Treasure Island project, which caused significant adverse effects and financial losses to the company. The company accused employees of failing to perform risk management work, which led to complaints from investors, and ultimately led to the company not being able to receive due repayment.

## The company's claim to sue

In order to protect its own rights and interests, the company filed a request with the court, requesting the court to order that it was not necessary to pay more than 460,000 yuan of economic compensation, wage difference, annual leave salary and remuneration to employees.

The 300 million project exploded, and the employees were cut and transferred!

## Employee's justification

Employees refuted the company's accusations, claiming that they were only grassroots participants in the project, not decision-makers. The employee claimed that the company had reduced the wage level and deducted wages without authorization, so he had the right to claim severance and resignation certificate.

## The company's elaboration on employee responsibilities

The company insists that employees have important responsibilities in the project, including project hosting and distribution. The company accused employees of being at fault in due diligence, risk handling, etc., which directly led to the failure of the project.

## Background of the Treasure Island Project

The background of the Treasure Island project is key to explaining the cause of the dispute.

The 300 million project exploded, and the employees were cut and transferred!

The impact of the project explosion on Kyushu Securities includes the administrative supervision measures taken by the regulatory authorities, which have had a profound impact on the company's operation.

## Legal basis of the company

The company mentioned that the employment contract stipulates that the employee shall compensate the company for economic losses. At the same time, the company pointed out that when a risk event is about to occur, it has the right to reduce the salary and adjust the employee.

## Employee's Pleas and Arbitration Results

The employee insisted that the company had lowered wages without consulting them. In the arbitration, the employee was supported, and the court ordered the company to pay 101,600 yuan in economic compensation for the termination of the labor relationship, 184,900 yuan in salary difference, and 71,800 yuan in unused annual leave.

The 300 million project exploded, and the employees were cut and transferred!

## Court decision

In the end, the court ordered Kyushu Securities to pay the employee 101,600 yuan in economic compensation for the termination of labor relations, 184,900 yuan in salary difference, and 71,800 yuan in unused annual leave. The court held that the company had no right to reduce the wages of its employees without authorization, and that it could not transfer the overall management risk of the company to individual employees.

## Conclusion

The article ends with the court's position in favor of the employee, emphasizing the court's support for the employee's legal financial compensation. This judgment not only protects the rights and interests of the employees of Kyushu Securities, but also puts forward a profound reflection on the company's management decisions.

The 300 million project exploded, and the employees were cut and transferred!

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