This is an extraordinary company: employees live like immortals, earning over 20k yuan a month, envied and jealous of by workers!

Recently, these employees have been live streaming: eating, drinking, playing, and having fun! Working here is truly an unbelievably wonderful thing.

Boss Jia Yueteng is far away in the United States building cars, and the joke about "returning to China next week" has been circulating for nearly 10 years. The rumors are big but nothing concrete, and he has never actually returned. But who would have thought that LeEco, after losing its boss's leadership, not only didn't go bankrupt but was actually supported for nearly 10 years by more than 400 veteran employees, still operating smoothly today, and even living the dream life that workers envy.

There are no KPI shackles here, no endless exploitation by superiors, and no suffocating work pressure. Starting in 2023, LeEco implemented a four-and-a-half-day workweek, with all staff enjoying flexible rest on Wednesday afternoons. The average daily attendance requires only five hours of continuous work, no mandatory clock-ins, absolutely no overtime, leaving on time without delay, completely saying goodbye to 996 and internal competition. Annual leave is five days more than the legal requirement, and for the 2024 Spring Festival, they even have a 10-day holiday, two days more than the statutory holiday, with holidays so generous they make people envious.

The frustrating issues in the workplace are almost nonexistent at LeEco. There are no complicated six-tier management hierarchies, only a two-level structure of "core backbone - ordinary employees." Even the CEO position is unfilled; major decisions are made collectively by seven core veteran employees. There’s no internal power struggle or office politics that make people suffocate. Positions are streamlined to "one carrot, one hole," and employees only need to do their own jobs, without fighting for performance or staying up late for PPTs. The work atmosphere is so relaxed it feels like a "retirement home for professionals."

What’s even more enviable is that this "immortal life" comes with a handsome income. The average monthly salary is 22k yuan, with an annual per capita salary close to 300k yuan. Core positions earn over 500k yuan annually, and in 2024, salaries are rising against the trend. Social security and housing fund contributions are paid at the maximum standard of 12%, with no delays in wages or social benefits. Turnover rate has been below 5% for years. Amid the layoffs and salary cuts sweeping the internet industry, LeEco employees enjoy high pay and leisure, making them the ceiling of the worker class.

All of this confidence comes from LeEco’s "passive income" model, activated by employees:

1. Classic copyright "cash cow," earning money while lying down.
The exclusive online rights to "Zhen Huan Zhuan," acquired with huge investment, became the biggest "lifeline." Just this drama generates nearly 20 million yuan annually. Combined with the distribution, revenue sharing, and IP licensing of over 5,000 older dramas like "Miyue Zhuan" and "Conquest," the annual copyright income exceeds 180 million yuan, supporting the company's basic operations. These copyrights have long since amortized, and nearly every revenue share is pure profit.

2. Asset activation "steady income," idle assets turn into cash flow.
LeEco meticulously manages all idle assets, leasing out vacant office buildings like LeEco Tower, generating about 20 million yuan in annual rent; selling unused equipment, streamlining non-core departments, cutting redundant positions like strategic and marketing PR departments, and spending every penny on employee salaries and basic operations, creating a healthy cycle of "low expenditure + steady cash flow."

3. Membership and licensing "additional income," diversifying and strengthening the foundation.
Besides copyrights and rent, LeEco Video’s paid memberships, advertising placements, and licensing of IPs like "Zhen Huan Zhuan" for trendy toys and marketing collaborations continue to bring extra revenue, further reinforcing income security.

With the boss absent and debts high, LeEco employees rely on pragmatism and wisdom, abandoning blind expansion and prioritizing "cash flow first," transforming a company on the brink of death into a "counter-involution utopia" that everyone envies. Employees are even shouting: "Boss Jia, don’t come back!"

No internal competition, no pressure, good income, and freedom—no wonder LeEco is called an "immortal company," envied and jealous of countless workers, who openly say they "want to join." Would you like to work at LeEco? I dream of it!