NIO Layoffs
Industry Transportation · Location Shanghai · China
1
Layoff round
—
Employees laid off
Post-IPO
Funding stage
$7.2B
Total raised
NIO has 1 publicly reported layoff round on record (most recent November 3, 2023).
Layoff history
November 3, 2023
NIO cut 10% of its workforce
10% of workforce Location Shanghai
NIO disclosed a workforce reduction affecting its Shanghai operations in November 3, 2023.
Source: bloomberg.com
Data for NIO is compiled from public WARN Act filings and reporting linked above. See our methodology.