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Nio lays off staff across key departments
Nio has laid off employees across multiple departments, including after-sales service, PT Energy, Nio House operations, after-sales stores, and terminal sales teams.
The company has offered compensation and reassignment plans to affected employees.
Sources estimate the layoffs impact around 10% of staff, though rates vary by region. Shanghai’s UR Fellow department cut about 10%, while Shenzhen’s team faced a 50% reduction.
Some affected employees reportedly moved to Xiaomi’s car user service team.
The layoff process was swift, with some employees completing handovers within 20 minutes of notification.
Recent NIO developments
| Timeline |
|---|
08-Mar-2025 📈 Nio secures $552m from two Chinese state-owned firms
|
20-Feb-2025 🚗 Nio denies job cut rumors
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23-Dec-2024 🚗 Nio launches Firefly EV with battery-swap tech
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20-Dec-2024 🚗 Nio aims profitability, global growth by 2026
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| 20-Nov-2024 📉 Nio misses revenue targets, faces loss amid Tesla pressure |
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