China Evergrande's auto unit to lay off 10% employees

China Evergrande's auto unit to lay off 10% employees

FILE PHOTO: An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. REUTERS/Bobby Yip/File Photo/File Photo

China Evergrande Group’s  electric vehicle unit plans to lay off 10% of its workers, a source familiar with the matter said on Friday.