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Huawei said to be laying off hundreds of U.S employees

By Cookie Monster - on 15 Jul 2019, 7:02am

Huawei said to be laying off hundreds of U.S employees

Huawei's struggles with the Trump adminstration has resulted in extensive layoffs at its U.S operations.

People familiar with the matter told The Wall Street Journal that the layoffs will affect employees at a research subsidiary, Futurewei Technologies where it employs about 850 people. Some Chinese employees are reportedly given the option to relocate back to China and remain within the company. Other layoffs are said to be planned in the near future. 

While the U.S has eased trade restrictions on Huawei, the Chinese company remains on the export blacklist and is barred from doing business with U.S companies. 

Source: The Wall Street Journal via The Verge

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