China smartphone maker Xiaomi to slash 15% of jobs, per report

China smartphone maker Xiaomi to slash 15% of jobs, per report

FILE PHOTO: A man walks past a logo of Xiaomi, a Chinese manufacturer of consumer electronics, outside a shop in Mumbai, India, May 11, 2022. REUTERS/Francis Mascarenhas/File Photo

China’s Xiaomi Corp has started laying off workers in several units of its smartphone and internet services business, reducing its workforce by about 15%, the South China Morning Post reported on Tuesday.

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