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Following final week’s hearsay that Huawei can be shedding a whole bunch of employees from one in all its US-based subsidiaries, the Chinese language tech big has reduce over 600 of 850 positions from its Futurewei Applied sciences analysis arm.
In a press release launched earlier this week, Huawei says that the layoffs have been as a result of a “curtailment of enterprise operations”, which we’re decoding as fancy converse for “we’re not proud of the US commerce ban”.
In accordance with a report by Reuters, an worker claims that the writing was on the wall the second the ban was introduced.
“On the 17th of Might, Huawei requested everybody at Futurewei to add the whole lot to the Huawei cloud, proper earlier than the ban took impact,” the insider stated. “After that mainly Futurewei has stopped doing any work — virtually stopped the whole lot.”
Futurewei Applied sciences — which accounts for greater than half of the 1,500 staff Huawei employs within the US — had filed greater than 2,100 patents in telecommunications, 5G mobile networks in addition to video and digital camera applied sciences. In accordance with the phrases of the ban, the corporate won’t be able to export any US-originated know-how to China and not using a license.
US President Donald Trump reportedly met with a number of Huawei suppliers together with Google and Qualcomm earlier this week to debate the latest lifting of the ban, however it appears to be like just like the injury to China-US relations has already been performed.
Header Picture Credit score: Reuters