LeSEE: No Massive, a Big Brother Is to Join

Shanghai, August 21, Gasgoo - In the past six months, we have been hearing about the news that LeSEE factory would shut down and Jia Yueting would gets away.

Reporters noted that Jia Yueting declared he did not disappear on August 7 and posted photos of new factory of Faraday Future. During the next two days, he continued to update his Weibo. However, soon he was attacked by the reports of failure in financing. And news about massive layoffs is flying around.

On the afternoon of August 11th, LeSEE released a statement that the company was doing its own streamlining in "non-priority business" and rumors about massive layoffs are not true. The company is currently focused on R&D, manufacturing and other core business, and recruiting R&D personnel in the core business.

To dispel the outside concerns, LeSEE official said in the statement that a big brother of the level of vice president is to join LeSEE to achieve longer-term goal. People are curious about who he/she is and whether he/she can save Jia Yueting out.

Although both LeSEE and Faraday are in difficult situation, the situation is slightly different. In fact, after Faraday Future released FF91, they has attracted Stefan Krause, formerCFO of BMW Global Group, and Uli Kranz, father of BMW i3. In contrast, executives in LeSEE are facing turnover crisis.