Labor Day isn't the holiday it once was for China's workers [Yahoo! Finance]
Yum China Holdings, Inc. (YUMC)
Last yum china holdings, inc. earnings: 4/28 04:30 pm
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Source: Yahoo! Finance
Like hundreds of millions of workers in China, Hao Zeyu, an algorithm engineer at an electric vehicle maker, is getting five days off this week for the Labor Day holiday. But he's in no mood to party. In order to take the vacation, Hao is required to work an extra day on each weekend immediately before and after the break. To add insult to injury, two of the official vacation days fall on Saturday and Sunday. That means just one of those five days counts as a genuine holiday. The practice of moving workdays to weekends to create a longer vacation during major Chinese holidays is known as “tiaoxiu” or adjusted rest. Introduced in 1999 to stimulate consumer spending following the Asian financial crisis, it has been the subject of much online anger in the weeks leading up to this year's May 1 holiday. “I really don't like it,” Hao told CNN. “I think this policy was meant to promote consumption at a certain stage of the country's development, but I very much do not support it any
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- Yum China's Little Sheep and Huang Ji Huang mark respective 25th and 20th anniversaries with new store formats and new store openingsPR Newswire
- Why Is Yum China (YUMC) Down 2% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
YUMC
Earnings
- 4/29/24 - Beat
YUMC
Sec Filings
- 5/29/24 - Form 3
- 5/23/24 - Form 8-K
- 5/8/24 - Form 10-Q
- YUMC's page on the SEC website