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Xiaomi Slashes 15 Percent of Jobs in Smartphone and Internet Services Business: Report
Xiaomi has reportedly started to lay off workers in its smartphone and internet services business. According to a report, the company is reducing its workforce by 15 percent, and thousands of workers who were hired in December last year could be affected by the layoffs.
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Huawei Plans More Cuts to Jobs, Investment in Australia
The Australian operation of Chinese telecommunications equipment maker Huawei Technologies said it would continue to cut staff numbers and investment in the country amid strained relations between Beijing and Canberra.
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Nokia's New CEO Pekka Lundmark Adopts Wait and See Strategy in 'Dream Job'
Nokia's new chief executive Pekka Lundmark said he will take time to re-acquaint himself with the Finnish telecom equipment maker before setting a strategy, as the company jostles for position in the highly political 5G race.
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TSMC to Build Arizona Chip Plant as US-China Tech Rivalry Escalates
The plan, which will be one of the biggest inbound US investments on record and create over 1,600 jobs, comes as US President Donald Trump steps up criticism of Chinese trade practices and Beijing's handling of the novel coronavirus ahead of the November 3 US presidential elections.
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Huawei Unit Cuts More Than 600 Jobs Following US Sanctions
Chinese telecom giant Huawei said on Tuesday that more than 600 jobs would be lost at a US unit as a result of "curtailment of business operations" caused by Washington's sanctions on the firm and 68 of its subsidiaries.
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Huawei's US Research Arm Slashes Jobs as Trade Ban Bites
Huawei has laid off more than two-thirds of the 850-strong workforce at its Futurewei research arm in the US.
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Sony to Cut Smartphone Workforce by Half by 2020: Report
The move could result in roughly 2,000 staffers either losing their jobs or getting shifted to a new department at Sony.
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Huawei CFO Wanted to Quit Job Just Before Arrest, Says Founder
Ren Zhengfei, who is Meng's father, also told Canada's CTV that the two had become closer since she was detained in Vancouver on December 1 last year.
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Ericsson Could Shed 25,000 Jobs in Cost-Cutting Drive: Report
Swedish daily Svenska Dagbladet reported the news on Thursday, citing unidentified sources at the company.
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PM Modi Could Use India's Massive Phone Market to Boost 'Make in India'
India currently contributes only about 6 percent of the value of phones sold in the country through local manufacturing or assembly.
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Ericsson Profit Plunges as Equipment Makers Woes Intensify
Ericsson said the sales decline was driven by markets with weak economies, such as Brazil, Russia and the Middle East.
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Smartphones Are Moving Jobs From China To India, State Media Warns
As China's telecom firm Huawei starts manufacturing in India, China's state media has raised the red flag, warning that Beijing needs to worry about job cuts due to shifting of production bases as economic rivalry increases between India and the world's second largest economy.
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New strategy by Chinese firm Huawei to benefit Indian staff
Rapidly expanding its operations in India and the world, Chinese telecom major Huawei looks to extend its employee ownership model to its foreign workers, which if materialises could benefit about 6,000 of its Indian employees.
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Xiaomi Slashes 15 Percent of Jobs in Smartphone and Internet Services Business: Report
Xiaomi has reportedly started to lay off workers in its smartphone and internet services business. According to a report, the company is reducing its workforce by 15 percent, and thousands of workers who were hired in December last year could be affected by the layoffs.
-
Huawei Plans More Cuts to Jobs, Investment in Australia
The Australian operation of Chinese telecommunications equipment maker Huawei Technologies said it would continue to cut staff numbers and investment in the country amid strained relations between Beijing and Canberra.
-
Nokia's New CEO Pekka Lundmark Adopts Wait and See Strategy in 'Dream Job'
Nokia's new chief executive Pekka Lundmark said he will take time to re-acquaint himself with the Finnish telecom equipment maker before setting a strategy, as the company jostles for position in the highly political 5G race.
-
TSMC to Build Arizona Chip Plant as US-China Tech Rivalry Escalates
The plan, which will be one of the biggest inbound US investments on record and create over 1,600 jobs, comes as US President Donald Trump steps up criticism of Chinese trade practices and Beijing's handling of the novel coronavirus ahead of the November 3 US presidential elections.
-
Huawei Unit Cuts More Than 600 Jobs Following US Sanctions
Chinese telecom giant Huawei said on Tuesday that more than 600 jobs would be lost at a US unit as a result of "curtailment of business operations" caused by Washington's sanctions on the firm and 68 of its subsidiaries.
-
Huawei's US Research Arm Slashes Jobs as Trade Ban Bites
Huawei has laid off more than two-thirds of the 850-strong workforce at its Futurewei research arm in the US.
-
Sony to Cut Smartphone Workforce by Half by 2020: Report
The move could result in roughly 2,000 staffers either losing their jobs or getting shifted to a new department at Sony.
-
Huawei CFO Wanted to Quit Job Just Before Arrest, Says Founder
Ren Zhengfei, who is Meng's father, also told Canada's CTV that the two had become closer since she was detained in Vancouver on December 1 last year.
-
Ericsson Could Shed 25,000 Jobs in Cost-Cutting Drive: Report
Swedish daily Svenska Dagbladet reported the news on Thursday, citing unidentified sources at the company.
-
PM Modi Could Use India's Massive Phone Market to Boost 'Make in India'
India currently contributes only about 6 percent of the value of phones sold in the country through local manufacturing or assembly.
-
Ericsson Profit Plunges as Equipment Makers Woes Intensify
Ericsson said the sales decline was driven by markets with weak economies, such as Brazil, Russia and the Middle East.
-
Smartphones Are Moving Jobs From China To India, State Media Warns
As China's telecom firm Huawei starts manufacturing in India, China's state media has raised the red flag, warning that Beijing needs to worry about job cuts due to shifting of production bases as economic rivalry increases between India and the world's second largest economy.
-
New strategy by Chinese firm Huawei to benefit Indian staff
Rapidly expanding its operations in India and the world, Chinese telecom major Huawei looks to extend its employee ownership model to its foreign workers, which if materialises could benefit about 6,000 of its Indian employees.
