Showing 12 of 127 posts with this tag
Last week, NIO made various degrees of layoffs and adjustments to departments such as UR Fellow, PT Energy Department, NIO House operations, after-sales stores, and terminal sales teams.
Reports surfaced Monday suggesting that Chinese internet security firm Qihoo 360 has recently laid off employees from several departments in a disguised manner.
Cryptocurrency firm BlockFi said on Monday that it would reduce its overall headcount by about 20% as it takes on a strategic review of its priorities amid difficult market conditions.
The education business within ByteDance has reportedly undergone significant adjustments, including the laying off of about 3,000 employees.
On March 26, Xie Xin, CEO of ByteDance's Lark (also known as Feishu), sent a letter to all employees announcing a new round of organizational adjustments and appropriate downsizing.
Suning Sports, the sports division of Suning Holdings Group, has laid off 20% of its employees and restarted negotiations with Alibaba to enter a joint venture.
Chinese Internet giant Tencent will reportedly continue to cut staff numbers in the second half of this year.
One Chinese programmer whose IP address is located at Twitter's headquarters claimed that he was fired because he failed to pass Elon Musk's late-night code review, arousing significant attention on Chinese social media.
On March 2, Huang Yimeng, founder of XD Inc., revealed on social media that there were game companies that had cut their outsourcing concept artists team. He wrote, "AI has actually begun to affect many people's jobs."
Chinese new energy vehicle firm XPeng Motors is reportingly conducting organizational restructuring and layoffs across many departments.
After the American telecommunications giant Cisco announced its global layoff plan in August, the China division has begun implementation. The Dalian branch has issued a formal layoff notice affecting nearly 300 full-time employees.
On May 25th, Alibaba Group refuted recent rumors of large-scale layoffs. In an official announcement on social media, the company stated that it plans to hire 15,000 new employees in 2023 across its six business units, with over 3,000 of these positions designated for new graduates.