According to Der Spiegel on June 9, employees of Guangzhou Auto revealed on June 7 that Ian had made plans to reduce costs and efficiency, reduce the benefits of on-the-job staff, and eventually lay off 20% of its staff.
All departments of the company will cut 20% of their jobs.
Ean officials have not yet responded to this, but Der Spiegel pro learned from sources that this is not true.
“the layoffs will focus on the manufacturing sector, but some have not yet been finally implemented.
” A person familiar with the matter told Der Spiegel pro.
The layoffs are still rumored and need to be answered by the authorities.
According to the information of layoffs spread on the Internet, the treatment of employees has also declined correspondingly, such as abolishing overtime pay for all staff, controlling overtime on production lines, reducing transportation subsidies by 70%, reducing telephone subsidies, canceling paper offices, reducing office stationery, controlling charging power, approving business trips to leaders in charge, and halving security personnel.
in the field of management, overtime pay has been cancelled, and school enrollment has been cancelled by 20% by offer.
The termination of the contract has been evaluated twice in a row, and all promotion examinations have been stopped.
Not long ago, Zeng Qinghong, chairman of GAC GROUP, said in a speech at the 2024 China Automobile Chongqing Forum (CACS2024) held on 6th-8th that he agreed with Zhu Huarong, chairman of Changan Automobile, that “there is no way to roll it down.
” Zeng Qinghong said that the purpose of enterprises is to make profits, to contribute to the country and society, and to pay taxes and employment.
Now, because of the volume, the industry has laid off a lot of staff, and “GAC has also made a lot of layoffs.
” Since May this year, Guangzhou Auto Honda has launched large-scale layoffs through step-by-step notice, involving multiple lines, and 1700 people have agreed to leave, accounting for 14% of the total number of people in the joint venture.
In addition to these two companies, GAC-Mitsubishi, which was disbanded due to a dismal market, also laid off staff last year, and in order to reduce the impact, GAC converted most of its employees to Ian employees, and the factory also acquired a factory directly into Ian.
But it is also true that this has led to overcapacity in Ean.
The Ian S and Ian Y models have suffered heavy losses and will be rearranged in configuration and color to concentrate production.
In 2024, GAC Ian sold 142339 vehicles in the first five months, down 14.
42 percent from 166323 from January to May in 2023.
In May 2024, GAC Ean sold 40073 units a month.
It should be noted that Ian has a sales target of 800000 units in 2024.
This is also related to the lower-than-expected sales performance of its high-end brand Haopin.
Many analysts believe that the Ean brand is too deeply involved in the online ride-hailing, and the upward foundation of the brand is not enough.
, according to the previous plan, Ean will complete the listing in the first quarter of this year.
However, Ian executives have made it clear that the listing will be delayed.
Gu Huinan, general manager of GAC Ean, said in March this year, “now is not a good time for IPO.
The whole capital market is not good, including the mainland and Hong Kong markets.
GAC Ean’s IPO process depends on whether the market can pick up or not.
” In addition to layoffs, GAC is also cutting back on food and clothing and reducing expenses internally.
It is reported that it has been asked internally to reduce transportation subsidies, telephone subsidies and so on.
According to sources’ feedback to Der Spiegel Pro, employee income has actually been affected this year, falling by more than 10 per cent.
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