Last message from Coupang hacking staff

(Receive) Last message from Coupang hacking staff

----------------

Hi everyone, I'm Adore from the FDS team. Today is my last day at work.

We once worked together under the same dream and shared the words, "How could we live without Coupang?" (It was also called Colorful Coupang.)

However, everything began to change after the company went public. The once-glamorous Coupang got darker and darker.


1. The Company calculated the fair value based on the net asset method for employees who exercised stock options before March 1, 2021,


For employees who exercised between March 1 and March 11, 2021, in violation of the applicable document (National Tax Service 2016 Document No. 101)

They forced them to pay taxes by mixing net asset methods, analogy methods, and other methods.

2. The Company made stock options granted to employees prior to listing, even though the employee did not meet the "relevant conditions."

It was merged into the subject of personal comprehensive income tax.

(According to the 2018 financial and taxation document No.164 and the 2016 financial and taxation document No.101, those who fail to meet the conditions of Article 4, Item 1 should not be included in the comprehensive income for that year.)

I don't know if the company's legal team doesn't understand the tax law or if it's making the company pay more taxes at the expense of employees to get a good tax grade.

3. The company's LE system is also full of darkness.


According to the company's system, 10% of each team's employees are selected as LE (underperformers) each year.

I was chosen LE in 2022, and that's when I experienced the "darkness" of the system for the first time.

The company conducted a total of three performance improvement plans (PIPs) to conclude that I was 'job incompetent'.

I'm a level 5 employee and I applied level 6 criteria when making improvement plans.


Even though I worked hard and completed my plan well, the company judged me to be 'job incompetent' for various unfounded reasons.

The company did not fire directly under the Labor Act, but instead continued to repeat PIPs, prompting employees to resign themselves because they couldn't bear it.


4. The company's year-end performance evaluation is also very dark.


I had a good performance in 2023, but my manager Deng Ling personally evaluated my year-end performance as LE.

It seems that they had a different purpose.


I've reported this to my superior department (HR line, Business line), but no one has dealt with it so far.

I also reported to ethics@coupang.com , but the only thing that came back was the possibility of an improvement plan (PIP).

No fairness or justice exists in this company.


Although Coupang is full of these dark sides, I still want to thank Kevin, Jade, Lion, Summer, Yu, Max, Hao, Feng, Lionel, Zhang, and many others.

Thanks to your help and cooperation, I was able to see a small light even in the dark Coupang.


Finally, I would like to conclude this email by quoting former employee Daniel Jee.

"Not a place for me."

Goodbye, dark Coupang.



After 14 months of fighting with HR, I also have some experience.

If you are experiencing HR's disgusting forced resignation or stock option tax disputes, please contact me.

We will provide you with free strategic and legal assistance.



Phone & WeChat: (Covering)



Best regards,

Adore Chen

FDS Service