As part of restructuring, Xiaomi India to cut its workforce to below 1,000

As a part of its organisational rearrangement, Xiaomi India is cutting its workforce to bring the headcount below 1,000, The Economic Times (ET) has reported. The decision has come after the company registered a downfall in its market share combined with increased scrutiny by government agencies, the report cited Xiaomi’s present and ex-employees.

Xiaomi India had 1,400-1,500 employees on its rolls at the beginning of 2023. The company fired 30 employees in the last week with more layoffs expected in the coming months, the ET report said.