It is rumored on the Internet that Guangqi Honda has a generous compensation for layoffs, and employees are queuing up to grab layoffs
Zhichepai
2024-06-17 16:22Published in Beijing
On June 17, Guangqi Honda announced a layoff plan that attracted widespread attention. It is reported that the company will lay off about 1,700 employees in the near future, accounting for about 14% of the company's total headcount. However, unlike the resistance of employees when other automakers laid off employees, Guangqi Honda's layoff plan has sparked a positive response from employees due to its unusually generous compensation.

According to Guangqi Honda's internal employees, the company provides a "N+2+1.8" compensation plan for departing employees. Among them, N+2 is the standard compensation, which is calculated based on the employee's years of service in the company; The additional 1.8 months of compensation may be a bonus or other benefit. This compensation plan not only far exceeds the average of many industries, but even exceeds Tesla's N+3 compensation plan, showing that Guangqi Honda attaches great importance to the interests of employees.
The layoffs are planned to be focused on May and are expected to last until August. Many veteran employees have taken the initiative to sign up to participate, hoping to take this opportunity to "retire" early and enjoy this generous compensation. Due to the large number of applicants, there have even been cases of job cuts, which is rare in the automotive industry.
Guangqi Honda's layoff plan reflects the grim situation in the automotive market. According to the latest data, Guangqi Honda's sales in May fell by 41.31% year-on-year, and the year-to-date sales also fell by 24.30%. Although GAC Toyota's sales were relatively good, there was also a downward trend. In the face of market pressure, Guangqi Honda chose to optimize its structure and improve efficiency through layoffs to meet future challenges.
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It is rumored on the Internet that Guangqi Honda has a generous compensation for layoffs, and employees are queuing up to grab layoffs