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July 15, 2019 02:41 pm

Huawei Reportedly Plans Massive US Layoffs

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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