Mass layoffs at Xiaomi: a sad end to the year for thousands of employees

The world economy and, in particular, the global mobile market is going through a period of recession, which is especially

In an effort to cut costs, tech giants like Facebook and Microsoft have already resorted to mass layoffs.And it seems that Xiaomi is starting to join them: according to the Chinese publication Jiemian, the company is undergoingThey affect several departments at once, and their scale is significant - at riskThe smartphone division has also hit.

In some departments, cuts reach75% of employees, while the overall rate of layoffs, according to unconfirmed estimates, is about 15%. Given that as of September 30, Xiaomi employed about 35,314 people, 32,609 of which are in mainland China. According to some estimates, the total number of cuts could exceed 6,000 people. Xiaomi itself has not yet made any comments on this matter, which is why these figures should be treated with caution.

© Vladimir Kovalev.

Sourced from www.jiemian.com