layoff Archives - Pandaily

Hulu Layoffs Exceed 90% in Beijing

On March 29th, informed sources reported that Hulu, the streaming giant owned by Disney, will lay off over 90% of its staff in Beijing.

Lenovo Reportedly to Cut Legion Gaming Smartphone Business

Gaming smartphones are having a hard time at present. Lenovo's smartphone brand Legion is reported to be completely abolished.

US Chip Designer Marvell to Begin Layoffs in China

Marvell, a US-based chip designer, has reportedly decided to dissolve all of its Chinese research and development (R&D) teams. Marvell had already undergone significant layoffs in China in October of last year.

Tencent Fires A 47-Year-Old Front-End Expert

Tencent's highest front-end developer, Stone Hang, who had been with the company since 2005, was unexpectedly fired this January at the age of 47. The news, which was first reported on Xiaohongshu, a popular life-sharing platform in China, surprised many netizens.

Google China Starts Layoffs, Compensation Provided

Recently, rumors about layoffs in Google's China division caused some concern. This round of layoffs is mainly hitting senior positions and high-paying employees in an effort to reset the salary standard and reduce operating costs while improving overall work efficiency.

Chinese Telecoms Equipment Provider ZTE Begins Layoffs, Rumors Say

ZTE, a Chinese technology company that specializes in telecommunications, has reportedly started a round of layoffs involving its wireless research institutes, terminals and other departments.

Zoom’s Global Layoffs to Affect China Division

Zoom CEO Eric Yuan announced plans to lay off 1,300 employees, accounting for 15% of its global staff. A number of current and former Zoom employees have confirmed that the layoffs have already started in Zoom's several offices in China.

Microsoft Rumored to Cut Suzhou Division in China, Future Adjustments Inevitable

Reports surfaced recently alleging that Microsoft will cut its Suzhou division in China, implementing large-scale layoffs with compensation of over 12 months in salary. However, several independent sources confirmed that the news was not true.

Microsoft to Cut 10,000 Jobs, Affecting Chinese Division

US tech giant Microsoft would lay off 10,000 workers by the end of this year's third quarter, accounting for just under 5% of its total employee count. The firm's China division reportedly will be involved, but the layoff ratio is lower than 5%.

ByteDance Initiates Layoffs for 10% of Staff

Chinese tech giant ByteDance has launched a round of layoffs covering about one-tenth of its employees, mainly affecting staff members focused on R&D, products and operations.

TuSimple Announces Restructuring and Layoffs for 25% of Employees

TuSimple, an autonomous driving technology company, has announced a restructuring plan which will impact approximately 350 of its employees, or 25% of the workforce, while 80% of the remaining approximately 1,100 employees are in R&D functions.

Chinese Q&A Platform Zhihu Begins Layoffs

Zhihu, a Quora-like leading Chinese Q&A platform, was reported on December 20 to be undergoing a personnel adjustment, with the affected proportion reaching 10%.

Xiaomi Rumored to Conduct Layoffs and Concentrate Effort in Automotive Sector

Several Xiaomi employees recently wrote on Chinese career and social networking platform Maimai that during a product launch conference on December 11, roughly 6,000 employees received notices of being laid off.

ByteDance to Continue Making Structural Adjustments

Liang Rubo, CEO of Chinese internet technology company ByteDance, said at the All-Hands employee meeting held on December 14 that the company would continue to make structural and personnel adjustments, which will be mild.

US Chip Equipment Firm Lam Research Starts Layoffs in China

Lam Research, a US-based supplier of chip wafer fabrication equipment and provider of services for the semiconductor industry, has reportedly started to cut 10% or more of its staff in China.

Bilibili Denies Layoffs as it Cuts Costs and Increases Efficiency

Video streaming platform Bilibili reportedly launched a round of systematic cost reductions. A Bilibili spokesperson acknowledged that some businesses have been adjusted recently, along with various personnel adjustments, but denied any large-scale layoffs.

Evergrande Auto Suspends Salary Payments to Sales Staff

Chinese vehicle manufacturer Evergrande Auto is now in the midst of wage arrears and layoffs after plans were revealed to cut 60% of workers at its Tianjin plant.

Chinese Programmer Fired After Musk’s Code Review of Twitter

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.

Chinese Tech Community in Silicon Valley Faces Dark Cloud of Layoffs

The cumulative number of layoffs in the technology industry so far this year is now estimated to have exceeded 100,000. For the Chinese community, the tide of layoffs in the internet sector has spread anxiety.

TikTok Is Recruiting Laid-Off Meta Employees

Meta announced 11,000 job cuts on November 9. Many affected individuals have since taken to TikTok to share their experiences and feelings of being laid off, and the ByteDance-owned short video platform has even begun to recruit a large number of them.

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