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BackThe 41-year-old Taizi Youfan brand is reported to have ceased operations. Most of its employees have been laid off. The resumption date is unknown.
The 41-year-old Taizi Youfan brand is reported to have ceased operations. Most of its employees have been laid off. The resumption date is unknown.
Developing
自由时报45 minutes agoBusiness1 min readChinaView original

The 41-year-old Taizi Youfan brand is reported to have ceased operations. Most of its employees have been laid off. The resumption date is unknown.

Prince fried riceSuspendeddismissal

Quick Look

  • The well-known oil rice brand Taizi Oil Rice suspended operations in March due to internal renovations.
  • The door is still locked.
  • Recently, it was reported that most of the employees have been laid off.

AI-generated summary

Why It Matters

Taizi Youfan is a well-known oil rice brand with a history of 41 years. In March, it issued an announcement stating that it would suspend operations due to internal renovations. It was originally scheduled to cease operations from April 1st, and shipments would end on March 31st.

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The 41-year-old oil rice brand "Tai Zi You Rice" was shocked to hear that it was closed down. In March this year, it announced that it would be closed due to internal renovations. As of today, the company's door is still locked. Many prospective parents who want to order oil rice asked online if anyone knew when it would resume operations. Unexpectedly, it was reported today that most of the employees within Prince Oil Rice have been laid off, and the resumption date is unknown. (Picture taken from Facebook)

The well-known gourmet food brand "Tai Zi Oil Rice" for 41 years was shocked to announce that it would cease operations. In March this year, it announced that it would be closed due to internal renovations. As of today, the company's door is still locked. Many consumers who want to order oil rice asked online if anyone knew when it would resume operations. Unexpectedly, it was reported today that most of the employees within Prince Oil Rice have been laid off, and the resumption date is unknown.

According to comprehensive media reports, Taizi Youfan announced on Facebook in mid-March this year that in order to improve the overall quality and service, Taizi Youfan will carry out factory equipment upgrades, and shipments will end on March 31st; it will suspend external operations (internal renovation) from April 1st. If there are parents who need shipments in March, please seize the time to arrange your order. Thank you for your understanding and support. We look forward to serving you again with better quality.

Please read on...

According to "Dongsen News", after visiting the store and asking employees, they learned that the resumption date of Taizi Youfan still needs to be decided by shareholders. Currently, only administrative staff are left, and most employees have been laid off. Some people said that they called to inquire in February this year, and the other party said at that time that they could not accept orders due to factory renovations.

Open Questions

  • When is the specific resumption time?
  • Will laid-off employees receive severance pay?
  • Will the interior renovation involve equipment upgrades or factory relocation?

Related Topics

Prince fried rice
Peopleshareholders
OrganizationsDongsen News
PlacesTaiwan
TopicsSuspendeddismissalinterior renovationresume business
This article was originally published by 自由时报.

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