3 ms·

Didn't BYD just lay off 100k people?

by bombcar 7mo ago

defrost 7mo ago
Just reported, yes, that's globally and throughout the past 12 months so that's a 10% work force reduction overall. In the same period they're posting record sales, it's possible that's mostly a reduction in bleeding edge sales promotion staff, influencers, etc now they have better recognition. Two press takes on likely the same company press release material. * https://www.autoblog.com/news/the-ev-boom-is-changing-and-100000-job-cuts-prove-it https://www.autoblog.com/news/the-ev-boom-is-changing-and-10... * https://carnewschina.com/2026/03/31/byd-cuts-100000-jobs-workforce-down-10-the-new-battleground-for-ev-growth/ https://carnewschina.com/2026/03/31/byd-cuts-100000-jobs-wor... That infomation lags current events, perhaps they are taking staff on now EV demand has spiked following oil shock.
- ivewonyoung 7mo ago
  > In the same period they're posting record sales This says that sales are actually down. Where are you getting record sales from? https://cleantechnica.com/2026/04/02/byd-sales-down-20-4-in-march/ https://cleantechnica.com/2026/04/02/byd-sales-down-20-4-in-...
  - defrost 7mo ago
    > Where are you getting record sales from? I posted two links that both say that, of course both appear to mirror the same primary source. You'd have to drill into both cleantechnica and the BYD presser for the exact details and caveats that come with all such reporting. Revenue and deliveries reach new highs BYD reported 8039.6 billion yuan (1,123 billion USD) in revenue for 2025, alongside 4.60 million vehicle deliveries, according to the NBD. Overseas deliveries reached approximately 1.05 million units, according to Sina reporting, marking the first time the company surpassed the 1-million-unit mark in exports. ~ https://carnewschina.com/2026/03/31/byd-cuts-100000-jobs-workforce-down-10-the-new-battleground-for-ev-growth/ https://carnewschina.com/2026/03/31/byd-cuts-100000-jobs-wor... BYD slashes 100,000 jobs yet posts record sales. Inside the cost cuts, profit squeeze, and why it’s still leading the global EV race. ~ https://www.autoblog.com/news/the-ev-boom-is-changing-and-100000-job-cuts-prove-it https://www.autoblog.com/news/the-ev-boom-is-changing-and-10...
- bombcar 7mo ago
  Mostly unrelated (my surprise that BYD had nearly a million employees) - but a fun vibe coded game would be to give a company, maybe some stats about it, and then you try to guess the number of employees.

Didn't BYD just lay off 100k people?

by bombcar 7mo ago

Didn't BYD just lay off 100k people?

Just reported, yes, that's globally and throughout the past 12 months so that's a 10% work force reduction overall. In the same period they're posting record sales, it's possible that's mostly a reduction in bleeding edge sales promotion staff, influencers, etc now they have better recognition. Two press takes on likely the same company press release material. * https://www.autoblog.com/news/the-ev-boom-is-changing-and-100000-job-cuts-prove-it https://www.autoblog.com/news/the-ev-boom-is-changing-and-10... * https://carnewschina.com/2026/03/31/byd-cuts-100000-jobs-workforce-down-10-the-new-battleground-for-ev-growth/ https://carnewschina.com/2026/03/31/byd-cuts-100000-jobs-wor... That infomation lags current events, perhaps they are taking staff on now EV demand has spiked following oil shock.

ivewonyoung 7mo ago
> In the same period they're posting record sales This says that sales are actually down. Where are you getting record sales from? https://cleantechnica.com/2026/04/02/byd-sales-down-20-4-in-march/ https://cleantechnica.com/2026/04/02/byd-sales-down-20-4-in-...
- defrost 7mo ago
  > Where are you getting record sales from? I posted two links that both say that, of course both appear to mirror the same primary source. You'd have to drill into both cleantechnica and the BYD presser for the exact details and caveats that come with all such reporting. Revenue and deliveries reach new highs BYD reported 8039.6 billion yuan (1,123 billion USD) in revenue for 2025, alongside 4.60 million vehicle deliveries, according to the NBD. Overseas deliveries reached approximately 1.05 million units, according to Sina reporting, marking the first time the company surpassed the 1-million-unit mark in exports. ~ https://carnewschina.com/2026/03/31/byd-cuts-100000-jobs-workforce-down-10-the-new-battleground-for-ev-growth/ https://carnewschina.com/2026/03/31/byd-cuts-100000-jobs-wor... BYD slashes 100,000 jobs yet posts record sales. Inside the cost cuts, profit squeeze, and why it’s still leading the global EV race. ~ https://www.autoblog.com/news/the-ev-boom-is-changing-and-100000-job-cuts-prove-it https://www.autoblog.com/news/the-ev-boom-is-changing-and-10...
bombcar 7mo ago
Mostly unrelated (my surprise that BYD had nearly a million employees) - but a fun vibe coded game would be to give a company, maybe some stats about it, and then you try to guess the number of employees.