On the afternoon of June 8, in response to the layoff, Cao Cao responded that the false information was a normal business optimization According to media reports, many employees of Cao Cao's travel reported that Cao Cao's travel was laying off workers. Many employees said that they had received the company's notice of resignation and left on the day they received the notice. Some employees' compensation was "n+2". It is understood that the proportion of layoffs is about 40%.
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In response to this, Cao Cao responded that the adjustment was a normal business optimization, and the layoffs were untrue news.
In the past two years, Cao Cao's trip has been in a state of major adjustment, and new management teams have been introduced from outside, including the current CEO Gongxin and the chairman Zhou hang.
In September, 2021, Caocao travel announced that it had completed the round B financing of RMB 3.8 billion. In April this year, Caocao travel released two newly upgraded product lines: Caocao special car and Caocao Huixuan. According to Gong Xin, CEO of Caocao travel, the cumulative number of users of Caocao travel has exceeded 120million.