China’s big layoff wave now buffeting its tech sector

China’s long‑running wave of corporate layoffs is spreading from manufacturing and property to the technology sector, with some key firms cutting hundreds of engineering jobs as core businesses weaken and artificial intelligence (AI) growth remains uneven. Recent job cuts at Baidu and Lenovo’s Infrastructure Solutions Group (ISG), alongside years of downsizing at Alibaba Group, show
The post China’s big layoff wave now buffeting its tech sector appeared first on Asia Times.Asia TimesRead More