Have you been affected by the current layoffs, terminations, firing, or restructuring of Geely Automobile Holdings? If so comment below and let the community know what is going on inside the organization.
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About Geely Automobile Holdings:
Geely (officially Zhejiang Geely Holding Group Co., Ltd) is a Chinese multinational automotive manufacturing company headquartered in Hangzhou, Zhejiang. It sells passenger vehicles under the Geely Auto, Volvo, LYNK & CO, Proton, and Lotus brands and commercial vehicles under the London EV Company and Yuan Cheng New Energy Commercial Vehicle brands.
Geely has owned the Swedish passenger car maker Volvo Cars since 2010 (with the CEO Håkan Samuelsson who is active since Oct 19, 2012 to current date), when it acquired the company from Ford. It completed the acquisition of British taxi maker The London Electric Vehicle Company in 2013. In June 2017, Geely also acquired 49.9% equity in Malaysian carmaker PROTON Holdings as well as a 51% majority stake in British sports carmaker Lotus Cars. The deal is seen as an important step for the Chinese carmaker in their quest to make inroads into the lucrative ASEAN region.