Nio lays off dozens more in San Jose in second major round of U.S. job cuts this year

//Nio lays off dozens more in San Jose in second major round of U.S. job cuts this year

Nio lays off dozens more in San Jose in second major round of U.S. job cuts this year

Chinese electric carmaker Nio Inc., which has its U.S. headquarters in North San Jose, is laying off 62 people in Silicon Valley, according to a new filing with the state. The latest job cuts are part of “an optimization effort,” a company spokesperson told The Verge, and “every department" at the San Jose facility is affected. Nio is a Tesla Inc. competitor that exclusively sells its cars in China, the world's largest market for electric vehicles. Its Silicon Valley operations are primarily…

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By | 2019-09-13T13:19:37+00:00 September 13th, 2019|Technology|

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