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After the technical conference of the Joyway L90 product, NIO founder, chairman, and CEO William Li, NIO co-founder and president Qin Lihong, NIO senior vice president and Joyway Automotive president Shen Fei had a dialogue with the media. Regarding the rumors of layoffs, Shen Fei stated that it was not called layoffs but rather an adjustment and optimization of the personnel team to match market changes. The sales of Joyway are increasing, and the team's morale is high. Li Bin expressed that within NIO, anything done by basic operating units must create value for users. If it does not create value, then it should not be done; all employees should take responsibility for the overall operation of the business. On this basis, some colleagues have left the company either voluntarily or involuntarily, and they were reluctant to see them go as they were all outstanding. They often receive messages from former colleagues wishing the company to soon emerge from its low point. NIO has put a lot of effort and hope into the company, and the responsibility is to do the company well so that current and former colleagues working at NIO can see it emerge from the low point through their own abilities. (Sina Technology)
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