On December 4, in response to the news that GAC Honda will lay off 900 people, an insider of GAC Honda told the Economic Observer: "It is a phased adjustment of our production and the termination of the personnel dispatch agreement with the labor service company.。Honda Motor said on December 2 that it would lay off about 900 contract workers from its Chinese joint venture, GAC Honda, due to its rapid shift to the electric vehicle market.。A Honda spokesman said the layoffs were equivalent to about 1 in the joint venture..7% of 30,000 employees。For the labor dispatch personnel involved, GAC Honda will provide financial compensation in a timely manner in accordance with the law and regulations, and actively assist the re-employment of relevant personnel.。