Wednesday, July 6, 2022

Ideal car layoffs blew up graduates’ appointments this year, sparking outrage among Chinese netizens

Li Auto said it was true that the school’s admissions news that broke the appointment in May to graduate in 2022 was true. (Picture/Taken from Daily Economic News)


China’s new car-making force “ideal”car“The loss was severe, with a loss of RMB 10.9 million in the first quarter, and some Chinese netizens broke the news that Ideal CarlayoffFor some schools graduating recently in 2022AdmissionThe students who were terminated due to the expiration of the contract did not have a suitable position, which caused the anger of many netizens.

The 21st Century Business Herald reported that many Chinese graduates have signed tripartite agreements with Li Auto and the school, and are set to join Li Auto after graduation. Chinese netizens said that Li Auto’s behavior was of a despicable nature, and the job-seeking season for the Gold Three and Silver Four had passed.


In this regard Li Auto confirmed that the admission news of the school which broke the appointment to graduate in 2022 in May is true. Due to recent business adjustments, positions related to camera self-research and internal systems have been closed, including the enrollment of some schools that have not yet joined the company. We have provided options for job transfer and termination compensation, and are communicating the enrollment of the respective schools

Ideal Auto reported that schools that cannot transfer their jobs and terminate their contracts will compensate them for one month’s salary in the form of a termination fee.

Although many netizens held complaints to the graduates, some netizens said that car sales fell in April, and the company was unable to do anything about it.

Ideal car performance is “cool in the spring”. Li Auto announced its first quarter financial report on the 10th. The financial report showed that the Li Auto Li Li One delivery volume was 31,700 units, an annual increase of 152.1%, but a slight decline from 35,200 units in the fourth quarter. Last year.

In the first quarter, Lee Auto’s total revenue was RMB 9.56 billion, an annual increase of 167.5% and a decrease of 10% from RMB 10.62 billion in the fourth quarter of last year. Among them, vehicle sales revenue in the first quarter was RMB 9.31 billion, an annual increase of 168.7%.

Net loss in the first quarter was 10.9 million yuan, compared to a net loss of 360 million yuan in the same period last year and a net profit of 295.5 million yuan in the fourth quarter of last year.


Le Auto has recently terminated the enrollment contracts of some schools graduating in 2022.  (Photo / Taken from 21st Century Business Herald)
Le Auto has recently terminated the enrollment contracts of some schools graduating in 2022. (Photo / Taken from 21st Century Business Herald)

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