
Keep, Popular Fitness App, Lays Off Employees
On October 24, the company behind the fitness app Keep started a big round of layoffs, according to 36Kr.
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On October 24, the company behind the fitness app Keep started a big round of layoffs, according to 36Kr.
Shenzhen-based Tencent Group announced on Thursday that it will adjust the organizational structure of its sports business department and cancel six of its internal business groups.
Agora, a Nasdaq-listed real-time voice and video engagement service provider, is carrying out a business adjustment with the "optimized" proportion of personnel positions to be about 30%.
Sources said that from November last year to the end of this month, the overall layoff ratio for employees of Didi Freight far exceeded 20%, and may will reach as high as 50%.
It has been reported recently that Alibaba's intelligent mobile office platform DingTalk has adjusted its organization and personnel, with a layoff proportion of 30%.
Samsung is facing an uphill battle in the Chinese smartphone sector and planning to downsize its Chinese offices to combat the increasingly intense competition.
Autohome responded that the layoffs are a normal organizational adjustment and optimization, and that no more than 5% staff were reduced, refuting various online claims.
Regarding the recent news of Tesla's suspension of global hiring, a source close to Tesla China said that no updates on layoffs have been issued, and a massive recruitment drive was conducted not long ago.
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.
In response to online rumors that Bilibili will lay off all game development staff, Bilibili stated: 'The related information is not true; only some projects have been adjusted.'
Alibaba's MMC business unit is planning to sever ties with many employees, while the proportion of layoffs in this round will stand at roughly 20%.
Mogu Inc., a Tencent-backed fashion e-commerce platform, is laying off more than 30% of its staff. Layoffs have rocked China’s tech sector over the past month, affecting some of the country’s biggest tech companies.