Huawei is planning major layoffs at its US research labs as it struggles under the weight of the Commerce Department blacklisting, The Wall Street Journal reported Sunday. From a report: The embattled Chinese telecom’s Futurewei R&D subsidiary employs about 850 people in Texas, California and Washington state. The layoffs may number in the hundreds, according to the Journal, which cited anonymous sources. A few people apparently already know that they’ll be dismissed, but further cuts are expected and some Chinese workers are being allowed to continue with Huawei if they return home.
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Source: Slashdot – Huawei Reportedly Plans Massive US Layoffs
