On August 27, Minsheng Life Insurance dismissed online reports claiming that the company had laid off employees based on the chairman’s personal zodiac preferences, stating that these rumors are completely false, according to reports from the 21st Century Business Herald.
Representatives from Minsheng Life Insurance have retained evidence related to the circulating rumors and have announced plans to take legal action against individuals or entities responsible for creating or spreading these false allegations.
A social media user asserting to be an employee of Minsheng Life Insurance previously claimed that the company’s chairman initiated an internal review aimed at dismissing employees born in the Year of the Snake, alleging that their zodiac sign conflicted with his own. The post additionally suggested that long-term staff members without full-time bachelor’s degrees from prestigious Chinese universities were also targeted for workforce restructuring.
The Chinese zodiac, a system deeply rooted in traditional Chinese culture, assigns one of 12 zodiac animals to each year, with the cycle repeating every 12 years. Some zodiac sign pairings are viewed as incompatible, with folk beliefs holding that individuals born under certain signs may face more conflicts or challenges in personal relationships and marriages.