Half of Staff to Be Dismissed? Report Unveils FAW Group's Overhaul of Core Intelligent Driving R&D Entity
2025-05-23 / Read about 0 minute
Author:小编   

On May 23, 2025, various media outlets reported that FAW Nanjing Technology Development Co., Ltd., a cornerstone R&D arm of FAW Group, embarked on a sweeping organizational transformation. Amid rumors of potential layoffs, FAW Group issued a statement on May 22, clarifying that these reports were unfounded and represented routine business realignments, ensuring all employees would retain their positions. For those employees who voluntarily terminate their contracts due to relocation challenges preventing them from returning to the factory, the company will offer an unprecedented compensation package of N+4, setting a new industry benchmark. Established in April 2020, FAW Nanjing Technology Development Co., Ltd. specializes in autonomous driving technology R&D, spearheading the research and testing of Hongqi's L4 autonomous driving technology. This restructuring is likely tied to the company's strategy of bolstering its core R&D capabilities and intensifying its focus on pivotal technological advancements.