Huawei lowers its 2020 revenue target for the Indian market by 50%, may layoff 60%-70% employees
According to media reports, several people familiar with the matter said that China TelecomThe equipment manufacturer Huawei has lowered its 2020 revenue target in India by as much as 50%, and plans to lay off 60%-70% of its staff, excluding staff in R&D and global service centers. Huawei’s move is mainly to respond to the …