Greater China
The job cuts are part of a planned overhaul launched to boost profit, sources said.
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Editor’s take: The week that was — April 22-27
Tesla rolled out FSD four years ago but has yet to make it available in China.
Wong will serve as an advisor to the board for the remainder of the calendar year.
It is seeking candidates with expertise in business development, user acquisition, and customer retention.
Rest of Asia
Imatsu will retain his roles as co-head of global interest rates and co-head of the Asia Pacific fixed income, currency and commodities.
Malaysia
Fernandes said the company’s board requested him to stay on.
HKEX also reported a 13% drop in Q1 2024 profit.
Indonesia
Zoomcar is planning to expand its business to other parts of the country.
Singapore
Once hailed as a rising star from SE Asia, the startup had raised over $310m from marquee names.
Lu will be responsible for the overall management of the company.