Xiaomi Reportedly Fires Over 900 Employees Amid Economical Crisis
Amid the economical crisis due to the Covid-19 pandemic, Xiaomi reportedly fired more than 900 employees. On August 21, local media reported that the Chinese smartphone manufacturer Xiaomi fired close to 3% of its workforce. The company reported a sharp decline in the second quarter revenue and to control the expenses and crisis, let go of the employees. However, Xiaomi has not yet made this confirmation.
Tags: Xiaomi, Chinese Mobile, Work Force, Covid-19 Pandemic, Economic crisis
Courtesy: Zee News India