9:00 Express by 36Kr: Volkswagen Announces 100,000 Global Layoffs, Moonshot AI Reportedly Plans 2024 Hong Kong IPO, China NBS Reveals National Average 48.2 Weekly Working Hours for Workers
36 Kr
Originally published in Chinese, Volkswagen announced a global restructuring plan involving 100,000 job cuts, marking the most significant transformation in the company's recent history. Meanwhile, Moonshot AI is reportedly planning a 2024 Hong Kong IPO aiming to raise up to $5 billion, and China's National Bureau of Statistics revealed that the average weekly working hours for Chinese workers is 48.2.
All articles from 5 September 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.