The R&D team of a new domestic car-making force will lay off 20% of its employees and employees will receive N+1 compensation

On July 14, according to reliable information, a new domestic car-making force plans to lay off its R&D team, with the layoff ratio being 20% ​​of the total number of team members. It is understood that the company will provide corresponding compensation to the laid-off employees, that is, an N1 compensation plan. The laid-off employees can receive the compensation in the morning and leave the company in the afternoon of the same day. After the move was exposed by a blogger, he expressed some appreciation for the company and believed that emerging auto companies that can fulfill their compensation can be called ethical companies. Although the blogger has not disclosed the layoffs of specific companies, we will continue to pay attention to the development of relevant news.

Previously, according to an internal notice from GAC Mitsubishi, the company stated that in the context of the current automotive industry undergoing a disruptive change, the market is rapidly moving towards traditional fuel oil. The transformation of automobiles mainly involves the transformation of automobiles to new energy vehicles. In order to adapt to this trend, GAC Mitsubishi Company has entered a temporary production suspension stage in June and plans to optimize its personnel structure to seize the opportunities brought by the new energy transformation and lay the foundation for the company's sustainable development. At the same time, GAC Mitsubishi stated that it will do its best to protect the legitimate rights and interests of employees in accordance with laws and regulations.

Recently, the performance of the automobile market in the first half of 2023 is not optimistic. According to statistics, among the 16 A-share and Hong Kong-listed car companies that mainly focus on the passenger car business, the actual sales of 11 car companies are less than half of their annual sales, and the average completion rate is only about 35%. These car companies include SAIC Motor, Guangzhou Automobile Group and Changan Automobile. Emerging companies such as Weilai, Leapao and Xpeng could only achieve about 20% of their target achievement rates in the first half of the year.

To sum up, the current automobile market has a strong wait-and-see sentiment, and price wars and other reasons have led to a decline in sales, which has also prompted some companies to take measures to optimize their personnel structure. Although the new car-making forces have laid off employees and provided appropriate compensation, the companies involved have still not been made public and have attracted widespread attention. We will continue to monitor the progress of this incident.

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