Travel Review Platform Mafengwo Rumored to Lay Off 40% of Employees

Chinese travel services and social networking platform Mafengwo is rumored on Maimai, China’s LinkedIn, that it will lay off 40% of employees with severance pay amounting to two months’ pay per year of service.

According to insiders, the massive lay-off will start from December 12. For the employees remaining, only the core departments such as search referral and content creation can receive their year-end bonus.

Mafengwo hasn’t commented on the rumors as of yet.

SEE ALSO: Newsletter: Chinese Travel Platform Mafengwo Accused of Arranging Fake Reviews

This is not the first time that Mafengwo has had lay-off related rumors. Earlier this April, reports said that Mafengwo was laying off 10% of its employees. Just last year, Mafengwo denied accusations on Weibo that up to 85% of the reviews on their platform were fake.

The TripAdvisor-like travel services provider was founded in 2007. It completed Series E fundraising of $250 million this May, led by China tech giant Tencent.


If you want to explore China’s tech ecosystem but don’t know where to start, check out DecodeChina, a one-week immersion program organized by insiders from Pandaily. The latest installment will take place in Beijing and Shenzhen on January 13-19, 2020. Visit decode.pandaily.com to apply and secure a spot!