“Where’s the money, Lebowski?”: Staff protest against the world’s first foldable phone maker after a year without pay،
The employees of Royole, the global pioneer of foldable phones, may not be the biggest fans of “The Big Lebowski,” but they're surely saying that phrase right now. And they don't mutter it under their noses, they protest and ask out loud where their money is. Although it's notLebowski they are after.
Royole is far from being in good financial health. The company has been in default on paying its employees' salaries for a year after a crisis (via Gizmochina).
The story is as follows: around fifty Royole employees demonstrate with banners and slogans at the entrance to the company's headquarters in Shenzhen. Before the protests, they tried to speak with Liu Zihong, CEO of Royole, but nothing happened and they continued to protest against the company itself.
This is a disastrous situation, because employees have not received their space and salaries since November 2022 and are now demanding to be paid “as quickly as possible”. Thousands of the company's employees have already left the company after the devastating financial crisis of recent years.
The company says its business has suffered significant losses and is only able to pay social security contributions, but that this is far from enough for the remaining workers. There are around 200 to 300 employees who are still in the company and maintaining the production line.
If you want to know more about Royole products, you should consult our review of the Royole FlexPai, half-smartphone, half-tablet, and once you have read it, you will know why we chose the title “Show all, not very practical “. .
