Weeks after sparking a nationwide outcry over its mass dismissal of recent college graduates, Xingyu – a major automotive lighting maker in eastern China – has severely penalised four of its executives and promised to help the former employees find new jobs.Two of the firm’s top executives received salary deductions and two human resources managers were dismissed or demoted for their “misjudgment and hasty decision-making”, the company said in a lengthy statement detailing its recent “mistake”...