NIO layoffs, on the record
Every job cut, severance charge and restructuring NIO reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 32,820 to 35,032.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2023 | 32,820 | — |
| 20-F for 2024 | 45,635 | — |
| 20-F for 2025 | 35,032 | — |
Job cuts, severance and restructuring
Our summaryThe company conducted a series of organizational restructurings to cut headcount in order to control labor costs.
Word for word“Furthermore, in order to control labor costs, we conducted a series of organizational restructuring to cut headcount in 2019, which we believe has negatively affected our reputation, brand image and our ability to retain the remaining qualified staff and skilled employees.” 20-F for 2023
Our summaryNIO said it could undertake another organizational restructuring in the future, which it describes as a risk rather than a planned action.
Word for word“We could undertake an organizational restructuring again in the future, the occurrence of which will pose negative implications on our competitive position, cost us qualified employees and subject us to potential employment lawsuits.” 20-F for 2024
Our summaryThe company said it conducted organizational restructuring in the past to cut headcount in order to control labor costs, and that it could do so again.
Word for word“Furthermore, in order to control labor costs, we conducted organizational restructuring to cut headcount in the past, which we believe has negatively affected our reputation, brand image and our ability to retain the remaining qualified staff and skilled employees.” 20-F for 2025
Our summaryThe company said it continually adjusts its organizational structure to improve efficiency, which has historically led to headcount reductions, and it may keep optimizing in the future.
Word for word“Furthermore, in order to improve our operational efficiency, we continually evaluate and adjust our organizational structure, which has historically led to reductions in headcount that may have negatively affected our reputation, brand image and our ability to retain the remaining qualified staff and skilled employees.” 20-F for 2025
NIO has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from NIO’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-10. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.