Weilai cuts 141 jobs in Silicon Valley, mostly from self-driving teams

Chinese electric car start-up Weilai has shed 141 more jobs at its North American headquarters in San Jose, according to new documents filed with the California Department of Employment Development,media reported. It is the company’s third round of layoffs this year for its U.S. workforce, mainly in research and development and engineering. It cut 70 jobs in May and closed its San Francisco office. Then, in September, the company laid off another 62 people.

Weilai cuts 141 jobs in Silicon Valley, mostly from self-driving teams

(Photo from: TheVerge / James Bareham)

According to documents filed with the Securities and Exchange Commission, Verizon had 640 employees in the U.S. at the beginning of this year.

JoAnn Yamani, director of public relations for North America, said the company had shut down its vehicle engineering and power transmission division, which operates in its San Jose office, but most of the laid-off employees were from the self-driving team. Mr. Yamani said the moves were linked to the partnership between Intel’s self-driving division, Mobileye, which led to “a lot of redundancy and duplication as we move toward the goal of four-stage autonomous driving.” “

The merger deal with Mobileye comes as it develops its own fully autonomous vehicle technology, which Mr Yamani said was still in progress. But now it can rely more on Mobileye, so it sees opportunities to continue cutting costs globally, including more jobs in the US.

The ES, the first electric SUV, peaked at about 3,000 units per month by the end of 2018, but fell rapidly in 2019. All this led to a loss of nearly $900 million in the first half of 2019 and a loss of more than $5 billion since its inception in 2015.

Wesser decided to cut its global workforce from nearly 10,000 to about 7,800, sold its Formula E racing team and delayed the launch of an upcoming car. Meanwhile, three of the company’s top executives, including a co-founder, left the company this year.

“After four years of rapid growth, we have built a global organization,” the company said earlier this year. However, rapid development has also led to duplication of functions, unclear tasks, unclear job responsibilities, and inadequate staff. “

The until earlier this year began shipping a smaller, more affordable electric SUV, called the ES6, with some early success. The company has increased its DELIVERY of THE ES6 to about 2,500 vehicles a month, although sales in November were only slightly higher than in October.

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