--- title: "NIO is reported to lay off 10%" description: "NIO Inc. conducted a layoff of about 10% last week, affecting multiple departments, including the UR Fellow, PT Energy department, NIO House operations, and after-sales service teams. The layoffs were" type: "news" locale: "en" url: "https://longbridge.com/en/news/231458824.md" published_at: "2025-03-12T02:07:23.000Z" --- # NIO is reported to lay off 10% > NIO Inc. conducted a layoff of about 10% last week, affecting multiple departments, including the UR Fellow, PT Energy department, NIO House operations, and after-sales service teams. The layoffs were mainly concentrated in the sales team and service sector, with significant regional differences in layoff ratios; for instance, the UR Fellow team in Shenzhen saw a layoff ratio of 50%. The layoff process was swift, with some employees completing handovers within 20 minutes Last week, Nio made various adjustments to its workforce, including layoffs in departments such as UR Fellow, PT Energy, NIO House operations, and after-sales stores, offering compensation and job relocation options. The focus of this layoff plan is not only on the sales team but also targets the service sector, which has always been highly valued internally, involving after-sales service departments such as UR Fellow, NIO House, and after-sales stores. Several informed employees indicated that the layoff ratio should be around 10%, with some regional variations. The UR Fellow team in Shanghai has a total of about 80 people, with 7 to 8 being laid off, resulting in a layoff ratio of 10%, while the layoff ratio for the UR Fellow team in Shenzhen reached 50%. Some of the laid-off employees have already joined Xiaomi Auto, which is currently building user services. Nio employees stated that the layoff process was very swift, with some employees accepting the n+1 compensation plan completing their handover just 20 minutes after being notified ### Related Stocks - [NIO.SG - NIO Inc. USD OV](https://longbridge.com/en/quote/NIO.SG.md) - [NIO.US - NIO](https://longbridge.com/en/quote/NIO.US.md) - [09866.HK - NIO-SW](https://longbridge.com/en/quote/09866.HK.md) - [01810.HK - XIAOMI-W](https://longbridge.com/en/quote/01810.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Nio to enhance power business operations for profitability, says William Li | Nio Inc. aims to enhance profitability in its power business after achieving a milestone of 100 million battery swap ser | [Link](https://longbridge.com/en/news/275255251.md) | | Nio makes official entry into Uzbekistan with opening of 1st local store | Nio has officially entered the Uzbekistan market by opening its first store, Nio Space Tashkent, in partnership with loc | [Link](https://longbridge.com/en/news/274409982.md) | | CICC Reaffirms Their Buy Rating on NIO Inc. Class A (9866) | CICC analyst maintained a Buy rating on NIO Inc. Class A yesterday and set a price target of HK$50.00.Valentine's Day Sa | [Link](https://longbridge.com/en/news/275967598.md) | | Chinese EV maker Nio recalls 246,229 cars over software problem | BEIJING, Feb 9 (Reuters) - Chinese electric vehicle maker Niois recalling 246,229 vehicles due to software issues that c | [Link](https://longbridge.com/en/news/275304834.md) | | Nio (NIO) Adds 1,000 Swap Stations as Shares Jump on Profit Milestone | Chinese electric vehicle maker Nio Inc. (NIO) is set to add 1,000 battery swap stations in 2026, celebrating its 100 mil | [Link](https://longbridge.com/en/news/275305696.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.