https://www.cnet.com/roadshow/news/faraday-future-layoffs-salary-reductions-evergrande/

But it shouldn't last forever. "[Faraday Future] is committed to monitoring its finances and will reevaluate this decision with the goal of restoring salaries once funding is available," the company said in an emailed statement. "We are committed to making progress towards our goals, and continuing the necessary investments in our people, our products, technology, and business to develop an industry-leading connected mobility ecosystem. No further information related to the financial state of FF including additional business operations will be communicated at this time."

It doesn't even take reading past the first sentence of Faraday Future's statement to see where it believes the blame lays: "Today Faraday Future announced a plan to realign its business objectives to ensure the continuance of its operations due to Evergrande's failure to live up to its end of the bargain and make the payments it agreed to."