07/05 2024 570
Bianniushi reported today
On July 4th, an internal email screenshot about the organizational adjustment plan of Youzan, a well-known domestic SaaS service provider, leaked out on social media platforms.
The email shows that Youzan has phased out HRBP positions, and all HRBPs will complete internal transfers within the next week, reporting to business leaders and no longer engaging in human resources-related work.
At the same time, the "Organizational Growth Department" will no longer be set up, and only the "Human Resources Management Center" will remain, responsible for basic human resources management tasks such as entry, transfer, and departure.
The adjustment will officially begin on July 8th.
As for the reasons for this adjustment, the email content shows: We believe that "organization" is very important, and "organizational growth" is one of the most important tasks in this round of organizational upgrading, so we have set up the Organizational Growth Department. It mainly includes basic human resource services, recruitment and training, HRBP, etc.
The increasing popularity of AI applications is also one of the reasons for this adjustment.
According to the email, people's abilities will become more comprehensive after the intelligence starts, and the most process-intensive tasks will become shorter and the division of labor will become coarser. Through demonstration, Youzan has reduced more than thirty UI designers to just three. "Next, everyone will find that the company can do without a dedicated HRBP position."
Public information shows that Youzan is a merchant service company with five major business systems: social e-commerce, new retail, beauty, education, and Youzan Internationalization. Through its social e-commerce, store management, and other new retail SaaS software products, solutions, and services, it helps merchants solve problems such as promotion and customer acquisition, conversion, customer retention, repurchase growth, and sharing fission in the mobile internet era.
According to Youzan's 2023 annual performance report, the net operating cash inflow in 2023 was approximately RMB 77 million, and the adjusted profit before interest, taxes, depreciation, and amortization was approximately RMB 35.52 million, achieving annual operating profitability for the first time.
The financial report shows that merchant transaction volume reached 102.5 billion yuan; the total transaction value of store SaaS business was approximately 50.7 billion yuan, an increase of approximately 19% year-on-year, accounting for 49% of the overall GMV. During the reporting period, Youzan's average sales per merchant reached a new high of approximately 1.61 million yuan, an increase of approximately 33% year-on-year; among paying merchants, the proportion of medium and large merchants increased to 53%.