
US Chip Firm Marvell Cuts R&D Staff in Shanghai and Chengdu
American chip designer Marvell is cutting some R&D roles for its operations in China. The firm did not specify how many employees would be affected by the cuts.
Showing 12 of 127 posts with this tag
American chip designer Marvell is cutting some R&D roles for its operations in China. The firm did not specify how many employees would be affected by the cuts.
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%.
Rumors have recently spread that Zhihu, a Chinese Q&A platform, is laying off employees in a low-key manner. Some reports suggest almost half of the employees in video-related departments have been let go.
Regarding the news of the planned layoff of 8% of employees in the China sales department, Samsung Electronics China stated that in order to enhance the company's organizational efficiency and market competitiveness, it will carry out necessary business adjustments and personnel optimization.
Recently, the phrase # New Oriental Education Dismissed 60,000 Employees # became a trending topic on Weibo.
Yu Minhong, Founder and Chairman of New Oriental, announced on September 17 that offline enrollment of primary and junior high school subjects would be stopped after the autumn semester.
Recently, many Chinese media outlets reported that all fresh graduates of Ohayoo, a game platform owned by ByteDance, were laid off.
BOSCH China responds to global layoffs: This round of layoffs does not involve the Chinese region.
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.
Tesla China recalls laid-off employees, with an expected recall scale of over 100 people, involving departments such as charging, sales, after-sales, and delivery.
On the evening of November 9, Meta CEO Mark Zuckerberg announced that the company would lay off 13% of its workforce, affecting more than 11,000 employees. Many Chinese organizations in Silicon Valley have begun to recommend each other for new job opportunities.
Affected by global macroeconomic factors, UK GPU chip design technology company Imagination plans to lay off 20% of its workforce worldwide.