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.
Recently, it was reported that ByteDance's game team will reduce 80% of its staff in the distribution business line. However, a relevant employee in charge of ByteDance's Nuverse declared such reports untrue in a statement.
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.
Flexible display maker Royole Corporation started a round of layoffs on Wednesday. This is the first round of large-scale layoffs at the company since it fell into a capital shortage crisis.
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%.
News emerged recently that Huya and Douyu, leading game livestreaming platforms in China, are implementing internal layoffs. Both companies have responded to relevant news.
Many Xiaohongshu employees broke the news on domestic professional online networking platform that they had suddenly been informed of their nonnegotiable last day of work.
Since the end of last year, several Internet giants have been the center of rumors about layoffs. News emerged on Wednesday that Alibaba’s DAMO Academy has gone ahead with a plan to cut a third of its workforce.
News emerged that the video department of Zhihu, a Q&A platform to be listed in Hong Kong, will lay off about 60% to 70% of its employees. Zhihu denied the layoff rumor on Tuesday.
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.
Intelligent speech and artificial intelligence company iFlytek is suspected to have started laying off its employees due to a "graduation certificate" printed with its logo circulating on Chinese social media platforms.
Reports have surfaced in Chinese media lately alleging that Meituan has initiated a round of layoffs covering its online ride-hailing department, its grocery e-commerce platform Youxuan, and its hotel and travel division.
Rumors have emerged recently on Chinese social media that Li Xiang, the founder and CEO of Beijing-based electric vehicle firm Li Auto, is planning major staff cuts during the second quarter of this year.
Youzan CEO Ning Zhu, also know as Bai Ya, issued an internal letter to employees, opening a review of the company's business in the past year while comprehensively introducing its future adjustment plan.
Reports surfaced Monday suggesting that Chinese internet security firm Qihoo 360 has recently laid off employees from several departments in a disguised manner.
A number of web users certified as employees at JD.com, a leading e-commerce platform in China, posted that many business lines of the company are laying off employees.