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WP: This CEO Banned His Employees From Living More Than 15 Minutes From Work

Discussion in 'Off Topic' started by Mark The Droner, Apr 23, 2016.

  1. Mark The Droner

    Aug 26, 2015
    Likes Received:
    This CEO banned his first employees from living more than 15 minutes from work

    A new book on the Chinese ecommerce giant Alibaba has revealed that founder Jack Ma insisted that his first employees reside only minutes from work.

    Alibaba — now a thriving $200 billion company — began in 1999 as a humble start-up based in Ma’s apartment in Hangzhou, China. In “Alibaba: The House that Jack Ma Built, author Duncan Clark recalls the company’s roots and the demanding culture that contributed to Alibaba’s success.

    “The earliest hires earned barely $50 per month,” Clark wrote. “They worked seven days a week, often sixteen hours a day. Jack even required them to find a place to live no more than 10 minutes from the office so they wouldn’t waste precious time commuting.”