A loss of 20.7 billion yuan in 2023 reveals that NIO Automobile will implement a second round of layoffs

According to EV, Xilai Motor has begun to inform the Chinese team of the second round of layoffs and held meetings with its team in China to cope with market pressure and declining sales.

The human resources department of Weilai China will hold a meeting in the next few days, but it is uncertain about the extent or specific terms of the layoffs.

A loss of 20.7 billion yuan in 2023 reveals that NIO Automobile will implement a second round of layoffs, according to previous reports, in November last year, Li Bin issued a full letter saying that the company’s personnel would be optimized by 10%, and that projects that did not improve their financial performance within three years would be postponed and cut to ensure the company’s long-term competitiveness.

In December, there were media reports that Lai Motor would expand the proportion of layoffs.

in response, Weilai said that it had no further layoffs.

According to the financial report, Lai made a loss of 20.

7 billion yuan last year and had 32820 employees by the end of 2023.

In 2023, the revenue of Lai Automobile is 55.

617 billion yuan, with a per capita income of 1.

7 million yuan.

For comparison, ideal Automobile has a revenue of 123.

85 billion yuan in 2023, with 31591 employees and a per capita income of 3.

92 million yuan.

The ideal per capita revenue is about 2.

3 times that of Weilai, and there is still some room for improvement for Weilai, which may be one of the reasons for driving Lai Motor to consider layoffs.

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