China's SAIC aims to slash jobs at GM, VW ventures and EV unit (unnamed sources cited)
Job losses through 2024
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Job losses through 2024
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SHANGHAI, April 1 — China’s SAIC Motor aims to cut thousands of jobs this year at its joint ventures with General Motors and Volkswagen and at an electric-car unit, two people...
SAIC's planned reductions include slashing 30% of jobs at SAIC-GM, 10% at SAIC Volkswagen, and over half at its Rising Auto EV arm, sources told Reuters.