Chinese telecom equipment maker ZTE begins layoffs across departments

Chinese telecom equipment provider ZTE has reportedly started layoffs across departments, including wireless research institutes, terminals and other verticals.

According to a report in China Star Market, several employees were notified about their layoffs before the end of February.

“Some departments of the Wireless Research Institute are laying off 10-20 per cent of their staff. In addition, the terminal business department is also the focus of the layoffs,” the report said, quoting a ZTE employee.

The job cuts will also reportedly impact senior employees who have worked for the company for more than 10 years.