Core Insights - FAW Group's subsidiary, FAW Nanjing, is undergoing a comprehensive organizational restructuring, affecting over 100 employees out of more than 200, following a series of layoffs since last year [2] - FAW Nanjing, established in April 2020, focuses on autonomous driving technology and has completed over 100,000 kilometers of public road testing for the Hongqi third-generation L4 Robotaxi [2] - The company offers three options for affected employees: a special severance package of "N+4" times monthly salary, relocation to the Changchun R&D headquarters, or participation in cross-system job competitions without financial compensation [2] - FAW Group responded to rumors of layoffs, stating that the restructuring is a normal business adjustment and that all employees have reserved positions, with the highest industry compensation for voluntary contract terminations [2] - The organizational adjustment is not a sudden decision, as FAW Nanjing previously faced significant labor disputes over year-end performance issues [2] - The restructuring reflects the ongoing trend of personnel and institutional optimization in the automotive industry during its transformation phase, highlighting the need for balancing efficiency and employee rights [2] Industry Context - FAW Group has been continuously advancing its R&D system reform, announcing an investment of 15 billion yuan in 2024 for research in new energy and intelligent connected technologies [3] - The business adjustment at FAW Nanjing is seen as part of the group's efforts to deepen internal collaboration and optimize regional layout [3]