SocietyVolkswagen investigates Changzhou supplier after mass graduate layoffs

Mass layoffs affecting more than 100 new graduates at a key Chinese automotive supplier in Changzhou, Jiangsu, have triggered nationwide outrage and prompted Volkswagen to investigate. Analysts say the episode could lead enterprises across China to overhaul corporate-governance practices. The supplier at the centre is Changzhou Xingyu Automotive Lighting System, China’s largest auto-lighting components maker by revenue.

VolkswagenChangzhougraduate layoffscorporate governance

SSouth China Morning Post★★★☆☆2026-09-01 12:30Original