Futurewei Technologies Inc, the U.S. research arm of China's Huawei Technologies Co Ltd, began laying off workers on Monday, according to ...
SANTA CLARA, Calif.: China's Huawei Technologies Co Ltd said it is slashing more than 600 jobs at its Futurewei Technologies research arm in the United States after being placed on a trade blacklist by the U.S. government.
Huawei said in a statement the job cuts, effective July 22, were"due to the curtailment of business operations" caused by the U.S. government's actions. One employee, who declined to give his name, told Reuters he had been laid off, as he put a bag full of personal belongings into his car. At least half a dozen staff with boxes were seen leaving the office before noon on Monday.Futurewei was set up in part to work closely with U.S. universities and researchers. In 2018, its operating cost was US$510 million, Huawei said.
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