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Chinese smartphone maker Xiaomi cuts over 900 jobs amid global economic meltdown: report

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Chinese smartphone maker Xiaomi cuts over 900 jobs amid global economic meltdown: report Hong Kong, August 20: Chinese smartphone giant Xiaomi has cut more than 900 jobs amid an ongoing economic meltdown as its June quarter (second quarter) revenue fell by nearly 20%, media reported Saturday. The layoffs affected about 3% of his Xiaomi employees, according to the South China Morning Post. As of June 30, 2022, the company has 32,869 full-time employees, of which 30,110 are based in mainland China, mainly at its headquarters in Beijing, and the rest mainly in India and India. We are based in Indonesia….

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