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Haomo.AI Responds to Layoffs: Normal Organizational Adjustment

Haomo.AI Responds to Layoffs: Normal Organizational Adjustment

Haomo.AI has started layoffs in the past two weeks, with specific numbers unknown, and will compensate laid-off employees according to the ‘N+1’ standard.

Regarding this, Haomo.AI responded today: ‘Haomo.AI is currently undergoing normal organizational adjustments based on business development, focusing on core business and customer delivery, reducing costs and increasing efficiency, continuously improving operational efficiency, and activating organizational vitality. In the future, Haomo.AI will continue to increase research and development investment to complete customer deliveries with high quality.’

According to sources familiar with the matter, this adjustment only involves a small number of personnel in functional departments, with a very small proportion. According to several recruitment platforms, Haomo is currently actively recruiting for high-end technical research and development positions.

Haomo.AI was established in November 2019 as the former intelligent driving business unit of Great Wall Motors. In February of this year, the company received over 100 million yuan in Series B1 financing and subsequently announced another 300 million yuan in Series B2 financing in April.

SEE ALSO: HAOMO.AI Responds to the Company’s ‘Hong Kong IPO Process Being Halted’: Not True

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