Showing 7 of 127 posts with this tag
A rumor appeared recently that Midea Group, a home appliance enterprise, had begun mass internal layoffs. On May 19, Midea responded that this year, the company has decided to shrink its non-core business and suspend its non-operating investment.
Chinese online recruitment platform BOSS Zhipin will implement an internal "361" merit pay appraisal system, and the bottom 10% of employees may be fired.
On May 14th, reports surfaced that Xiaomi's Wuhan headquarters had laid off 90% of employees over the age of 35. However, Wang Hua, General Manager of Xiaomi's Public Relations Department denied these reports.
Pandaily has learned from sources that Airbnb is going to stop its operations in mainland China on July 30 and will lay off about 60 local employees.
Shanghai-based video platform Bilibili's livestreaming business unit is planning internal layoffs, with a list of employees to cut having been preliminarily drawn up.
Recently, employees of Chinese Twitter-like social media platform Weibo said on a domestic job information sharing platform that their company is laying off a significant number of employees and is even asking some to leave voluntarily.
Mercedes-Benz China has started layoffs, mainly involving the sales and automotive finance systems.