The news of potential additional job cuts at Nio suggests the company is facing significant financial or operational challenges. This typically leads to negative investor sentiment in the short term, as it raises concerns about the company's growth prospects and financial health. However, if the market perceives these cuts as a strategic move to improve efficiency and reduce costs, the long-term impact could be neutral or even positive. In the short term, though, the uncertainty and negative connotations associated with layoffs are likely to put downward pressure on the stock price.