ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
China tech

Wave of layoffs washes over China's tech giants

Mass demotion at Tencent follows job cuts at and NetEase

People seen walking in Qingdao, Shandong Province. The once enormously successful Chinese tech companies are struggling to find avenues of further growth.   © Reuters

HONG KONG -- China's information technology companies, among the most sought-after workplaces for the country's top talent, are rushing to streamline their workforces as the nation's economy slows.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more