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: Nio’s stock up 3.3% premarket on reports EV company to cut 10% of its workforce this month

Nio Inc.’s stock NIO rose 3.3% early Friday, after reports that the Chinese electric vehicle company is planning to cut 10% of its workforce this month. The move aims to improve efficiency and cut costs in the face of growing competition, Reuters reported, citing an email sent to Nio’s staff. “We still have a gap […] The post : Nio’s stock up 3.3% premarket on reports EV company to cut 10% of its workforce this month appeared first on ForexTV... Read More
Posted: Nov 4 2023, 17:14
Author Name: forextv
Views: 101847

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