Baoneng Motor Starts Second Batch Of Layoffs, Exceeding 65% of Personnel
After initiating layoffs in early 2021, Shenzhen-based new energy vehicle maker Baoneng Motor continued with the second batch of layoffs on July 22, Auto-time reported on Tuesday. Baoneng has not yet commented publicly on the matter.
With the implementation of the second batch of layoffs, the number of Baoneng employees has plummeted.…