TP-Link, which has always been known as the king of routers, recently experienced a large-scale labor contract transfer incident at its Shenzhen headquarters. The incident affected a large number of internal employees and caused widespread shock throughout the company. It is reported that in this incident, TP-Link required all current employees in the Shenzhen area to transfer the labor relations originally signed with Pulian Technology Headquarters to a wholly-owned subsidiary called Sima Logic.
The core contradiction of the employees' strong resistance is that the registered capital of Sima Logic is only 30 million yuan, which is only about one-eighteenth of the registered capital of the parent company Pulian Technology.
Once the labor relationship is transferred, if the new contracting party is dissolved or goes into bankruptcy and liquidation, the upper limit of corporate liability compensation that employees can claim in accordance with the law will be directly reduced, and it will be difficult to fully protect legitimate rights and interests.
这类强制转签的争议并不是孤立出现的，据在职员工透露，早在2026年4月，TP-Link刚完成过一轮涉及超140人的大规模裁员，无线、视频、SMB多条核心产品线里，多名高管和课长级管理人员都出现在裁员名单里，不少老员工坦言那段时间整个公司人心早已经散了。
By the end of May, when employees began to check their personal social security accounts, they unexpectedly discovered that their insurance status had changed to suspended, which meant that they were at risk of having their social security contributions stopped starting in June, directly touching the bottom line of all employees' rights and interests.
This violent internal personnel shakeup did not happen out of thin air. It happened to occur against the backdrop of an industry where TP-Link’s core market positions that it had held for many years were experiencing intense squeeze from its peers.
In April 2026, the pattern of the domestic router online market has undergone significant changes. The market concentration of leading brands has declined significantly. Huawei has topped the industry with a sales share of 27.1%, and Xiaomi ranked second with a sales share of 22.3%.
TP-Link, which has long dominated the market, has seen its overall share slip to 20.3%, relegating directly to third place. The market gap between it and the leader Huawei is rapidly widening visibly to the naked eye..
