It is reported that ByteDance has released a new anti-corruption bulletin, disclosing a serious violation involving the senior management of Seed team. According to reports, Qiao Mu, the head of Seed's big language model, developed an intimate relationship with an HRBP assigned to his team without following the application process. This situation violates the company's explicit regulations on "prohibited conflict of interest scenarios", including situations where superiors and subordinates share direct reporting relationships, or one party serves as the HRBP of the other party. During the company investigation, the two individuals not only failed to declare voluntarily, but also provided false statements in multiple inquiries. Due to the violation of the compliance system and the existence of cover up behavior, the two people were severely punished by ByteDance: immediately dismissed, and all their year-end bonuses were deducted.
According to public data, Qiao graduated from Xi'an Jiaotong University and joined ByteDance in 2014. Based on the length of employment, job evolution, and adjustment of reporting targets of Qiaomu, it is widely speculated that his job level is 4-2 or 5-1. According to previous media analysis, taking Zhou Chang, another leader of the big model team, as a reference, the industry generally believes that Qiao Mu's annual salary should be conservatively estimated to be over 10 million yuan, based on his "50 million yuan" salary for 4 years.
Moreover, the option price of ByteDance in 2014 (then "Headlines Today") was about $5 per share, while the company's latest option repurchase price reached $189, 38 times the original price. If the salary composition of Qiaomu at that time was 1 million yuan in cash+1 million yuan in options (priced at the exchange rate at that time), and its held options were not repurchased in advance, based on today's valuation, this portion of income would soar to about 39 million yuan. More importantly, Qiao Mu has been working at ByteDance for over 11 years, and with the company's business expansion and a new round of option grants, his accumulated option income far exceeds this. According to many insiders, arbor has conservatively estimated that its total income has exceeded 500 million yuan in the 11 years of ByteDance.