Enovate Motors starts layoffs and salary cuts

According to a media of 36Kr.com, it was learned from several internal employees of Enovate Motors that the company “started to lay off employees from this week.”

According to a media of 36Kr.com, it was learned from several internal employees of Enovate Motors that the company “started to lay off employees from this week.”

A number of Enovate Motors employees said that the company will pay employees N months of salary (N refers to the employees ’actual working years in the company) as financial compensation in accordance with the provisions of the Labor Contract Law.

An additional month will be paid if they are not notified 30 days in advance.

According to a managerial staff of Enovate Motors, the entire company’s “layoff ratio is currently 10%.”

Another employee of the Enovate Motors Automobile Research Institute said, “could be more than 10%, while some departments have laid off 30%.”

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/01/enovate-motors-starts-layoffs-and-salary-cuts/.

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