According to reports, Guangqi Honda has recently launched large-scale layoffs in the form of step-by-step notifications, involving multiple lines, mainly voluntary resignations. There is news that employees are lining up to be laid off because the compensation amount is too high. According to people familiar with the situation, the first batch of layoff positions has indeed been taken up. Initially, the company planned to lay off 900 positions, and employees would leave voluntarily. As a result, more than 1,000 positions have been laid off, and 2,300 people have left so far. "Later I found that registration was extremely popular, so I opened it immediately." According to laid-off employees, employees with about ten years of service can receive cumulative compensation ranging from 200,000 to 400,000. The compensation standard of the above plan may be more generous than the N+3 provided by Tesla in April this year.

According to reports, Guangqi Honda’s recent layoffs involve about 1,700 employees, accounting for about 14% of the company’s total headcount. Compared with other car companies, Guangqi Honda's layoff gift packages are extremely generous, and many older employees with longer working experience are rushing to get layoff spots. Internal employees of Guangqi Honda revealed that Guangqi Honda will provide "N+2+1.8" compensation package to resigned employees. "N+2 is the standard compensation for 1.8 months and may be bonuses. In addition, the layoffs will be concentrated in May. It is expected that It will last until August. According to the latest sales data, Guangqi Honda sold only 31,000 vehicles in May, a year-on-year decline of 41.31%. Last year, Guangqi Honda sold about 640,000 vehicles, a year-on-year decline of 13.5%.

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.。