Huawei planning major job cuts in US: WSJ

Chinese telecoms giant Huawei, which is subject to US sanctions over concerns about its ties to the government in Beijing, is planning to make major job cuts at its US operations, The Wall Street Journal reported Sunday.

The layoffs are expected at Huawei’s US-based research and development arm, Futurewei Technologies, the paper reported, citing unnamed people familiar with the situation.

The unit currently employs 850 people at several labs in the United States, but hundreds of them could be laid off, the report said.

Some of the company’s Chinese employees were given the option of keeping their jobs and returning home to work.