Jiyue Employees Get “N+1” Severance, Baidu & Geely Funds Revealed
Jiyue, the Chinese electric vehicle (EV) maker jointly founded by Baidu and Geely, is implementing a restructuring plan that includes layoffs. The company, which previously operated under the name jidu Auto, has confirmed it will provide employees with a legally compliant severance package, according to a December 19th declaration. This news follows reports of financial … Read more