Beijing Hyundai plans to lay off about 30% of its employees

According to people familiar with the matter, Beijing Hyundai plans to optimize its staff in two batches. The first batch is expected to be completed in November, and the second batch may be completed before February next year. It is estimated that the number of employees involved will account for about 30% of the total number of Beijing Hyundai employees. Currently, Beijing Hyundai is conducting interviews with the first batch of employees. Hyundai China said it had not heard of this news, and Beijing Hyundai did not make a positive response.