JD.com Group-Buying Arm Reportedly Plans to Lay Off 10-15% of Staff
Jingxi, the community and discount purchasing arm of Chinese e-commerce giant JD.com, is reportedly planning to lay off 10-15% of its staff members.
Tag: #layoff
Showing 12 of 127 posts with this tag
China Game Live Streaming Platforms Huya and Douyu Respond to Layoff Rumors
News emerged recently that Huya and Douyu, leading game livestreaming platforms in China, are implementing internal layoffs. Both companies have responded to relevant news.
Sea's E-commerce Platform Shopee Cuts Staff in China
Shopee, an e-commerce platform owned by Singapore's Sea Limited, will cut some jobs around the world. According to one Shopee employee in Shenzhen, the company has reduced at least one business line in the base to a third of what it was.
ByteDance's Real Estate Trading Platform Xingfuli Abolishes New House Salesmen
Xingfuli, a real estate trading platform owned by ByteDance, abruptly notified some Beijing new house sales employees of layoffs on Tuesday.
12/2/20212 min read
Chinese Q&A Platform Zhihu Denies Layoffs Within Video Department
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.
Tesla China Sales Department Layoffs Mostly New Employees Within Six Months
Tesla's sales department in China mainly laid off new employees within six months, providing compensation of 0.5N+3.
Sources: Autonomous Driving Unicorn Momenta Dissolves Aftermarket Division
On July 31, Beijing-based autonomous driving unicorn Momenta abruptly eliminated its entire automotive aftermarket division, involving more than 100 employees in total, sources told Pandaily.
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.
12/22/20223 min read
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.
3/23/20233 min read
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.
Online Q&A Platform Zhihu Reportedly Reduces Staff by 20%-30%
Recently, many employees said on social media platforms that Zhihu, an online Q&A platform in China, has been reducing its staff by 20%-30%.
5/25/20222 min read
Chinese Lifestyle Sharing Platform Xiaohongshu Responds to Layoff Rumors
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.
4/21/20222 min read