A person familiar with the matter revealed that in the face of losses, Weilai Automobile may further lay off layoffs to reduce costs and improve efficiency.
Bloomberg News on Thursday (December 7) quoted the above news who did not want to be named.Weilai Automobile announced a few weeks ago that it reduced 10%of employees.
People familiar with the matter said that some departments are required to prepare for layoffs for backup lists, which may expand the original number of layoffs in a department to 20%to 30%.
People familiar with the matter said that any layoffs are mainly concentrated in non -core business, or those huge investments that cannot be immediately returned, but Weilai Automobile is more important business, such as sales, as well as employees.
Weilai Automobile has been regarded as the most dazzling star in the Chinese electric vehicle market, but recently the sales performance has not been able to meet the standards, and it has continued to lose money.
According to the latest financial report, as of the end of 2022, Weilai Automobile had 26,763 full -time employees.In addition to electric vehicles, other services of Weilai Automobile include battery, mobile phone and semiconductor manufacturing.
One of the people familiar with the matter revealed that earlier this year, some of Weilai Automobile's international market expansion plan was postponed or stopped, including entering the US market.
The fourth quarter revenue forecast announced by Weilai Automobile on Tuesday (December 5) will be as high as 16.7 billion yuan (RMB, the same below, about 3.1 billion yuan), which is far lower than the analyst estimates.21.4 billion yuan.
Weilai Automobile representative said that the company did not have additional layoffs and said that the company would continue to make "dynamic adjustments" in the operating market.
According to the Securities Times website, Li Bin, the founder, chairman and chief executive officer of Weilai Automobile, sent a letter to the rumors on November 3, saying that the company would reduce the positions of about 10%, specificThe adjustment will be completed in November.
