Key facts
- Changzhou Xingyu Automotive Lighting Systems Co. Ltd. laid off 107 recent college graduates.
- The company is the largest automotive lighting supplier in China.
- The manufacturer is seeking a Hong Kong public listing.
- The company admitted to management failures and a lack of empathy.
- The layoffs led to a government investigation.
A leading Chinese auto-parts manufacturer, Changzhou Xingyu Automotive Lighting Systems Co. Ltd., has issued a public apology and offered compensation following the abrupt termination of 107 newly hired college graduates. The company, which is China's largest automotive lighting supplier and is seeking a Hong Kong public listing, admitted to management failures and a lack of empathy. The mass layoffs sparked widespread backlash and prompted a government investigation.