Swedish communications equipment maker Ericsson’s plans in China include cutting about 240 jobs at its core network research and development (R&D) facility on the mainland, a company representative said in an email.
Only a few dozen employees were ordered to leave the Shanghai factory, a small fraction of the 20,000-strong workforce that assembles Tesla’s Model 3 and Model Y cars, but it’s a fraction of the 20,000-strong workforce that assembles Tesla’s Model 3 and Model Y cars. The showroom is likely to face closure, the Post reported. It was reported on Tuesday.
However, an AWS representative said the report was “factually incorrect” regarding compensation. Regarding headcount reductions, AWS has “identified several target areas for the organization” [that it] The company is “committed to supporting our employees as they transition to new roles within and outside of Amazon,” a representative said.
“A rising wind portends a coming storm,” an AWS employee said on condition of anonymity, quoting an old Chinese poem about negative omens. Another of his Amazon employees in a non-AWS department said some of his colleagues are just waiting to get laid off and receive severance pay.
U.S. chipmaker Intel began new layoffs in its sales and marketing division earlier this month, which could affect mainland China operations as early as this week, according to the Taiwan Economic Daily. The report cited industry insiders. rumor.
Inter did not immediately respond to inquiries Friday.
Despite layoffs across the tech industry, China’s overall unemployment rate remains flat. The citywide unemployment rate was 5.2% in March, compared to 5.3% in the first two months of the year.
