The job market has indeed been tough in recent years, with companies receiving government subsidies to maintain employment.

Currently, if an enterprise voluntarily terminates or persuades an employee to resign due to company reasons, the enterprise or company cannot receive the "job stabilization subsidy" funds from the local government.

Notice by the Ministry of Human Resources and Social Security, the Ministry of Finance, and the State Administration of Taxation on Continuation of Unemployment Insurance Policies to Stabilize Jobs and Support Enterprises (Document No.: [2024] No. 40)
https://www.gov.cn/zhengce/zhengceku/202405/content_6949562.htm

Notice by the Ministry of Human Resources and Social Security, the Ministry of Finance, and the State Taxation Administration on Continuation of Unemployment Insurance Job Stabilization and People-Benefit Policies (Document No.: [2025] No. 18)
https://www.gov.cn/zhengce/zhengceku/202504/content_7020428.htm