FAW Nanjing layoff plan is suspected to be exposed, and plans to close Nanjing branch before the first quarter

A post that is suspected to be about FAW Nanjing's layoff plan has been circulated online. According to the post, FAW Group plans to close its Nanjing branch before the first quarter. The general principle is to complete the layoffs in batches in order to minimize the negative impact. The more budget savings are made, the more compensation will be given to the remaining employees when layoffs are finally made.