Technology

Huawei planning major job cuts in US

Chinese telecoms giant Huawei, which is subject to US sanctions over concerns about its ties to the government in Beijing, is planning to make major job cuts at its US operations, The Wall Street Journal reported Sunday.

By Agence France-Presse

Chinese telecoms giant Huawei, which is subject to US sanctions over concerns about its ties to the government in Beijing, is planning to make major job cuts at its US operations, The Wall Street Journal reported Sunday.

Trump move to ease Huawei sanctions sparks anger, confusion

The layoffs are expected at Huawei’s US-based research and development arm, Futurewei Technologies, the paper reported, citing unnamed people familiar with the situation.

Huawei employees fret at US ban tell founder: ‘Don’t be too optimistic’

The unit currently employs 850 people at several labs in the United States, but hundreds of them could be laid off, the report said.

US firms circumventing ban on sales to Huawei: report

Some of the company’s Chinese employees were given the option of keeping their jobs and returning home to work.

The administration of US President Donald Trump has put Huawei on its so-called entity list, which meant US companies needed a license to supply US technology to the Chinese firm.

Huawei phone sales plunge, cutbacks planned as US pressure bites

Huawei — a leader in next-generation 5G wireless technology — remained barred from developing 5G networks in the United States, and the Trump administration is trying to convince its allies to do the same.

Last week, Monaco became the first European country to roll out a 5G network based on Huawei technology.

Huawei founder says to cut output by $30 billion in 2019-20

Washington accuses Huawei of working directly with the Chinese government, a claim the company denies.

Huawei a key beneficiary of China subsidies that US wants ended

After Trump met with Chinese President Xi Jinping on the sidelines of the G20 summit in Osaka last month, Huawei won a bit of a reprieve when Trump said he would ease the punitive measures so long as the equipment sold to the Chinese company did not pose any risk to national security.

Banning Huawei would cost telcos up to $62B in Europe alone

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