BYD Mass Layoffs: Thousands Fired – Economx.hu
The BYD Shakeup: A Harbinger of Consolidation in the EV Revolution Just 18 months ago, BYD was the poster child for China’s electric vehicle dominance, rapidly eclipsing Tesla in sales and boasting ambitious global expansion plans. Now, the company is slashing 100,000 jobs – roughly 7% of its workforce – following a significant profit slump. … Read more