Layoff


2023-10-23

[News] AMD in China Faces Layoffs due to US Expands Chip Control

Following the US's recent expansion of chip control measures targeting China on October 17th, the American chip maker, Advanced Micro Devices (AMD) is reportedly planning workforce reductions of approximately 10% to 15% at its Shanghai research center. Additionally, there are rumors of impending lay...

2023-09-21

[News] Qualcomm Initiates Major Layoffs in China, Shanghai R&D Center Closure Rumored

According to Taiwan's TechNews, the ongoing soft demand for smartphones, combined with Huawei's launch of the Mate 60 Pro, has severely impacted Qualcomm. Reports within the Chinese industry suggest that Qualcomm is planning significant layoffs in China, with severance costs estimated to be as high ...

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