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Stock impact report

PR executive reportedly departs China's Baidu after comments glorifying overwork draw backlash [Yahoo! Finance]

PDD Holdings Inc. - American Depositary Shares (PDD) 
Company Research Source: Yahoo! Finance
Baidu's head of communications Qu Jing had implied in a series of videos that she was not concerned about her employees as she was “not their mom” and said she only cared about results. She also said that the relationship between her and her subordinates was purely an “employer-employee relationship.” The backlash was swift, with many on social media platforms like Weibo saying Qu lacked empathy. Chinese online media outlet 36Kr first reported late Thursday that Qu had left her position at Baidu, citing unnamed sources. Internal systems showed Qu is no longer with the firm, according to a Baidu employee who asked not to be named as they were not authorized to provide that information to media. Qu had earlier posted an apology Thursday on her private WeChat account, where she “sincerely apologized to all netizens” and clarified that she had not sought Baidu's permission before posting the videos. Qu said her videos did not represent Baidu's stance. Baidu operates China's domin Show less Read more
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