Author: Andrew Liptak
Chinese telecommunications firm Huawei is reportedly preparing to lay off hundreds of workers in the United States, reports The Wall Street Journal. The company has struggled in recent months after the Trump administration placed a de facto ban on US sales to the company, citing potential security threats and amidst the ongoing US-Chinese trade war.
According to the WSJ, Huawei is planning to lay off workers at a research subsidiary called Futurewei Technologies, which operates a number of research labs. Huawei will reportedly allow some Chinese employees the option of relocating back to China to remain within the company. Some employees have apparently already been notified that they will be let go, with other layoffs planned in the...
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Chinese telecommunications firm Huawei is reportedly preparing to lay off hundreds of workers in the United States, reports The Wall Street Journal. The company has struggled in recent months after the Trump administration placed a de facto ban on US sales to the company, citing potential security threats and amidst the ongoing US-Chinese trade war.
According to the WSJ, Huawei is planning to lay off workers at a research subsidiary called Futurewei Technologies, which operates a number of research labs. Huawei will reportedly allow some Chinese employees the option of relocating back to China to remain within the company. Some employees have apparently already been notified that they will be let go, with other layoffs planned in the...
Continue reading…
Continue reading...