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Core Viewpoint - The company, Peak, has confirmed a salary reduction affecting less than 10% of its employees, primarily targeting loss-making departments and high-salary positions, while ensuring that low-income employees earning below 3000 yuan will not be affected [2][5]. Group 1: Salary Reduction Details - The salary reduction is confirmed to be true, but it does not apply to all employees, with less than 10% affected [2]. - The salary adjustment percentages are as follows: 10% for those earning between 5000 to 10000 yuan, 20% for those earning between 10000 to 20000 yuan, and 30% for those earning above 20000 yuan [2]. - In loss-making departments, some workshops have seen salary adjustments of up to 50% [2]. Group 2: Financial Performance - Peak's domestic direct sales segment has reported a cumulative loss of over 130 million yuan from January to July 2025 [4]. - The company has had to transfer three subsidiaries due to ongoing losses, which is a key reason for the salary adjustments [4]. Group 3: Company Governance and Communication - The salary reduction process has been documented and filed with the labor union and public security, ensuring compliance with legal procedures [5]. - There were reports of a lack of open discussion during the meeting, as employees were not allowed to voice additional opinions [5]. - The company made a significant donation of 100 million yuan in early September, indicating a commitment to corporate social responsibility despite financial challenges [5].