On May 27th, as Chinese e-commerce giants JD.com and Alibaba gear up for the "618 Shopping Festival," they have raised the issue of addressing the "big company syndrome," sparking widespread attention.
JD.com founder Richard Liu explicitly stated during an internal meeting that employees with consistently poor performance and lacking a spirit of hard work do not align with the company's culture.
Senior executives at JD.com also acknowledged the presence of the "big company syndrome" within the group, attributing slow development and cultural issues to loose management, emphasizing the need for timely corrective measures.
In their shareholder letter accompanying the 2024 fiscal year report, Alibaba Group's Chairman Eric Jing and CEO Daniel Zhang jointly addressed the symptoms of the "big company syndrome" that have emerged during the company's 25-year growth journey.
At Baidu, Senior Vice President Shan Shan Cui candidly pointed out various issues related to the "big tech company syndrome," including internal coordination challenges, attitude problems, and communication barriers during the company's annual excellence awards event.
Shan Shan Cui emphasized that the company's management is actively focusing on addressing and resolving these issues.
During ByteDance's 2024 annual all-hands meeting, CEO Rubo Liang highlighted the company's greatest crisis as the risk of mediocrity, characterized by inefficiency, sluggishness, and lowered standards.
He stressed the importance for ByteDance to heighten its sense of crisis, maintain an entrepreneurial mindset, and avoid falling into the trap of the "big company syndrome."
