Xiaomi Lays off 3% Global Workforce – 900+ Employees

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Xiaomi, The top Chinese tech manufacturer has laid off 3% of its global workforce affecting 900+ employees across 4 countries.

The company’s decision comes after its sales slumped by more than 20% in the quarter ending June and as announced the company is taking measures to reduce costs and operations.

The news, as was first reported by South China Morning Post, mentions that the company has 32,869 employees, of which 30,110 are from the company’s china headquarters and others are mainly divided in India and Indonesia.

The company’s R&D department seems to have taken a larger hit with its sales team being the next larger department where most of the reduction had taken place.

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