Chinese state-owned chipmaker Yangtze Memory Technologies is slashing payrolls by 5% to 10% and kicking terminated employees out of their company-subsidized apartments in Wuhan, according to several employees.
Caixin
Yangtze Memory kicks terminated workers out of apartments
Chinese state-owned chipmaker also slashing payrolls 5% to 10%
Yangtze Memory Technologies has more than 10,000 employees globally.
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