With Rising Global Sanctions, China’s Military and Spy Tech Giants Face Massive Layoffs

On October 11, Chinese surveillance giant Hikvision became a trending topic on Weibo after reports surfaced about large-scale layoffs within the company. Employees revealed that Hikvision is undergoing a major organizational restructuring, reducing its 32 research and development centers to just 12. According to an employee, “Only a few core areas will remain, with the rest being phased out, potentially affecting more than a thousand employees”.
Join this channel to get access to perks:
https://www.youtube.com/channel/UCT2kPBcD6tXn8TP_aV7BmgA/join

#chinaobserver
All rights reserved.
⭐You can support us at: https://donorbox.org/china-observer-supporting-independent-news
⭐For business cooperation, please contact us: business@chinaobserver.co 

Leave a Reply