OnePlus laying off employees in few European countries in order to restructure strategy

OnePlus recently launched the OnePlus 8 and OnePlus 8 Pro, one of the most expensive smartphones from the Chinese company. These phones now target industry giants such as Samsung and Apple to intensify the fight in premium segment. However, in a few markets, the company is seeing some drastic cuts in terms of work force.

According to a report by Engadget, the company has downsized in some major European countries that include UK, France and Germany. The report suggests, the staff has been reduced to skeletal teams as low as just three people in a few countries. Some major carriers in UK like O2 and EE have stopped partnering with the smartphone manufacturers due to the steep price hike on devices.