Gaohe Automobile responded to rumors: there are no large-scale layoffs, business structure adjustment is a routine management work

CTOnews.com, October 30, according to the Shanghai Securities News, the relevant person in charge of Gaohe Automobile responded to the previous rumors of "large-scale layoffs": the recent restructuring of the company's business structure, the merger, reorganization and new construction of some job functions, coupled with the elimination at the end of performance, the emergence of staff mobility, are all routine management work. At the same time, a large number of jobs are being recruited and the business is moving forward normally.

As for the rumor of "mass layoffs of up to 20%", Gaohe responded that "there are some false rumors that the so-called large-scale layoffs do not exist, and all kinds of data proportion is rumor-mongering information."

Previously on CTOnews.com: earlier this month, some employees in some workplace App revealed that Gaohe had begun to make 20% layoffs, while others claimed that some departments had laid off 50%.

According to data released earlier this month, Gaohe HiPhi Y, the brand's new model, delivered a total of 1556 vehicles in September, up 52.4 per cent from 1021 in August. HiPhi Y began national centralized delivery on July 30, with more than 500 vehicles delivered that month, with a cumulative delivery of more than 3077 vehicles combined with August and September data.