Huawei's U.S. research arm slashes more than 70% of workforce. More here: by leejane71
SANTA CLARA, Calif./HONG KONG - China’s Huawei Technologies laid off more than two-thirds of the 850-strong workforce at its Futurewei Technologies research arm in the United States, after being blacklisted by the government.
Huawei said the job cuts, effective July 22, were “due to the curtailment of business operations” caused by the U.S. government’s actions. Futurewei began laying off workers on Monday, Reuters had reported earlier citing employees, including one who spoke as he left the company’s Silicon Valley campus.
“On the 17th of May, Huawei asked everyone at Futurewei to upload everything to the Huawei cloud, right before the ban took effect,” that employee said. “After that basically Futurewei has stopped doing any work - almost stopped everything.”
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