华友世纪将大幅裁员：或为出售铺路—Layoffs at Hurray! pave the way for sale

华友世纪将大幅裁员：或为出售铺路

有消息人士称，华友昨日下午已内部通知了裁员计划，补偿方案根据劳动法规定的补偿标准。据悉，此次裁员波及范围相当广，可能有大量员工在此次调整中被裁掉。

　　昨日晚间，有华友相关负责人证实了该公司将裁员的消息，不过该人士未披露此次裁员计划的细节。

截稿前，华友未就裁员计划发布公告，其裁员原因等仍有待披露。

Short translation:

A source at Hurray! told CNstock.com that big layoffs are coming at Hurray! The article goes on to say insiders believe it could mean a sale is coming.

Often times the layoffs are done after a sale, since new management decides who to hire and fire. This may indicate the company has burned through a lot of cash and needs to reduce operations, or it could mean that a sale is in the works, since Shanda would be most interested in Hurray!'s assets.

Along those lines, JLM Pacific Epoch has insider news about the deal:

An unnamed insider said that Shanda (Nasdaq:SNDA) has offered $3.25 per American depositary share (ADS) for about 80% stake in music production, artist development and wireless value-added services provider Hurray Holding Co, reports Sina.

More info at link.

Hurray! held up well in Wednesday trading, considering yesterday's run-up and the overall mood in the market. HRAY lost 6.6 percent.