Smartphone maker Xiaomi to slash 10% of jobs amid China’s COVID battle
By
Biju Kumar
China’s Xiaomi Corp has started laying off workers in its smartphone and internet services business, joining a long list of Chinese tech firms cutting jobs as the country battles COVID-19 outbreaks.
A company spokesperson said on Tuesday that its “personnel optimzation and organizational streamlining” practice would “affect less than 10% of total workforce”, adding that those affected have been compensated in compliance with local regulations.