Core Viewpoint - A significant outflow of automotive talent from Shanghai has been observed since 2023, marking a shift from the city's historical role as a hub for the automotive industry in China [11][12]. Group 1: Historical Context - Shanghai has been the cradle of China's automotive industry, with major joint ventures like Shanghai Volkswagen and Shanghai General Motors attracting talent for over four decades [3][6]. - At its peak, Shanghai was home to approximately 50,000 high-end automotive R&D and marketing professionals [10][13]. Group 2: Recent Developments - The decline of new car manufacturers in Shanghai, starting with the shutdown of WM Motor in December 2022, has led to a significant reduction in job opportunities [11][12]. - Traditional automakers like SAIC Volkswagen and SAIC General Motors have seen their sales drop to about 60% of their peak levels, resulting in multiple rounds of layoffs [12][20]. Group 3: Talent Migration - The automotive job market in Shanghai has shifted from a surplus of opportunities to a situation where job seekers outnumber available positions, leading to a talent migration to other regions [15][17]. - Many former employees have relocated to cities like Wuhu, Hangzhou, and Ningbo, while some have even moved abroad to work for Chinese brands [18][19]. Group 4: Competitive Landscape - While Shanghai's automotive industry contracts, companies from other provinces, such as BYD, Geely, and Chery, are experiencing rapid growth, with sales increasing by 30% to 50% [15][16]. - These companies, previously offering lower salaries, are now able to match or exceed the compensation packages of Shanghai's new car manufacturers due to improved sales and profitability [16]. Group 5: Future Outlook - Despite current challenges, the long-term outlook for the automotive industry remains positive, with significant growth potential in developing countries where car ownership rates are still low [25][26].
汽车人才,扎堆逃离上海......