{"id":15171,"date":"2024-05-16T16:33:58","date_gmt":"2024-05-16T11:03:58","guid":{"rendered":"https:\/\/bigbreakingwire.in\/li-auto-implements-substantial-workforce-reduction-amid-sales-forecast-adjustment\/"},"modified":"2024-05-16T16:33:58","modified_gmt":"2024-05-16T11:03:58","slug":"li-auto-implements-substantial-workforce-reduction-amid-sales-forecast-adjustment","status":"publish","type":"post","link":"https:\/\/bigbreakingwire.in\/li-auto-implements-substantial-workforce-reduction-amid-sales-forecast-adjustment\/","title":{"rendered":"Li Auto Implements Substantial Workforce Reduction Amid Sales Forecast Adjustment"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p>Li Auto is reportedly undergoing a significant workforce reduction, affecting approximately 18% of its employees, totaling over 5,600 individuals.<\/p>\n\n\n\n<p>The downsizing efforts are particularly notable in key divisions. Specifically, the sales and service operations division is expected to see over 400 job cuts.<\/p>\n\n\n\n<p>Additionally, the company&#8217;s hiring team is undergoing substantial downsizing, reducing from over 200 employees to a projected 40-50 staff members.<\/p>\n\n\n\n<p>The smart driving team, crucial for Li Auto&#8217;s technological advancements, is also experiencing a significant reduction, with staffing levels expected to drop to under 1,000 employees.<\/p>\n\n\n\n<p>These adjustments come in response to a downward revision of the company&#8217;s sales forecast for the year. Originally projected at 800,000 units, the forecast has been adjusted to a range of 560,000 to 640,000 units.<br><\/p>\n\n\n\n<p>Consequently, Li Auto finds it necessary to scale back its workforce to align with the revised sales projections, reflecting the company&#8217;s strategic response to market dynamics and operational challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Li Auto is reportedly undergoing a significant workforce reduction, affecting approximately 18% of its employees, totaling over 5,600 individuals. The downsizing efforts are particularly notable&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[618,616,619],"tags":[4235,4238,2754,3439,1386,4240,1882,4239,4236,4237,3452],"class_list":["post-15171","post","type-post","status-publish","format-standard","hentry","category-brokerage-reports","category-stock-in-news","category-stocks-in-news","tag-downsizing","tag-hiring-team","tag-job-cuts","tag-layoffs","tag-li-auto","tag-li-autos-workforce","tag-market-dynamics","tag-sales-and-service-operations","tag-sales-forecast-adjustment","tag-smart-driving-team","tag-workforce-reduction","entry","rows"],"jetpack_publicize_connections":[],"modified_by":null,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pfgCxS-3WH","jetpack_sharing_enabled":true,"jetpack_likes_enabled":false,"_links":{"self":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/15171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/comments?post=15171"}],"version-history":[{"count":0,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/15171\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/media?parent=15171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/categories?post=15171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/tags?post=15171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}