What does Le think is another financial pressure?

It is reported that after some employees were owed wages by LeTV for 24 days, the labor arbitration results submitted by LeTV were released: the time limit for LeTV to pay wages was clear until August 10. On August 10, letv not only needs to repay the wages owed to its employees, but also on August 10, which is the payday for all letv employees.

For LeTV, a non-listed company that is currently experiencing a financial crisis, it is also a big expense to pay all employees. As can be seen from the annual report of LeTV, a listed company of LeTV, its annual salary expenditure is about 500 million yuan. In the seven ecosystems of LeTV, the staff size of LeTV's unlisted system companies is higher than that of LeTV, which shows that it needs to pay huge employee salaries. It can be seen that LeTV will once again fall into financial pressure.

At present, it seems that Jia Yueting's return to China is still far away. From this point of view, it is still unknown whether LeTV, an unlisted company, can repay all the wages owed to its employees on August 10 and pay the new month's wages on time.

I hope that LeTV can tide over the difficulties and the workers can get the rewards they deserve.