Market Chatter: Honda, Dongfeng Motor JV to Lay off Up to 2,000 Employees

MT Newswires Live

2024/09/11

Honda Motor's (TYO:7267) joint venture with China's Dongfeng Motor (HKG:0489), Dongfeng Honda Automobile, is expected to lay off up to 2,000 employees to increase "operating efficiency" and accelerate its "transformation to new energy vehicles," Yicai reported, confirming earlier media reports. 0

Most of the affected employees are related to manufacturing. A "reasonable compensation" has been offered to such employees, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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A \"reasonable compensation\" has been offered to such employees, according to the report.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4555","symbol_name":"新能源车","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2466470944","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466470944","pubTimestamp":1726046270,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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