Stock Market News
EV maker Nio considers more job cuts after shedding 10% of staff – Bloomberg News
2023.12.07 01:22
© Reuters. The logo of NIO is pictured on the NIO House, the showroom of the Chinese premium smart electric vehicle manufacture NIO Inc. in Berlin, Germany August 17, 2023. REUTERS/Annegret Hilse/File Photo
(Reuters) – Chinese electric carmaker Nio (NYSE:) Inc may undertake further job cuts after the company announced plans to cut 10% of its workforce last month, Bloomberg News reported on Thursday, citing people familiar with the matter.
