Tech Wire Asia
21 Dec 2022

China’s smartphone giant Xiaomi is laying off employers as weak consumer spending bites

Dashveenjit Kaur

China’s smartphone giant Xiaomi has apparently started laying off workers in multiple departments, including its smartphone and internet services business. A Xiaomi representative said in a statement that the company has implemented “routine personnel optimization and organizational streamlining” with “less than 10% of the total workforce” affected. Last month, it was reported that Xiaomi, one… Read more »