China’s technology sector faces new round of lay-offs from global firms

scmp.com/tech/big-tech/article/3259702/chinas-technology-sector-faces-new-round-lay-offs-global-firms-ericsson-tesla-amazon-and-intel

Ericsson, which last month announced it was axing about 1,200 jobs in its home market, is now “diversifying [its] R&D footprint in alignment to sales”, according to the representative, who added that the company “remains committed to our customers in mainland China” and that it is not exiting the market
Swedish telecommunications equipment maker Ericsson’s plans in China will…

This story appeared on scmp.com, .
The Entire Business World on a Single Page. Free to Use →