Report: More Layoffs at Renren, Signs of a Strategic Shift?
Renren, ‘the Facebook of China’, has been struggling a bit over the last few years as it...
Posts Tagged: layoffs
Are There Really Layoffs at Renren?
No one would deny that China’s once-premier social network Renren (NASDAQ:RENN) has been losin...
24Quan, Once China’s 5th-Biggest Daily Deals Site, Suspends Operations
The troubled Chinese daily deals site 24Quan.com has announced that it is suspending its business fo...
Motorola Confirms China Layoffs, Reaches Deal with Protesting Staff
Rumors have been swirling of major Motorola layoffs for a while now, and they exploded into protests...
ZTE Profits Slide, But What’s the Cause?
Chinese handset maker and general telecommunications megacorp ZTE recently released first half estim...
Employees Say Groupon China Closes More Branches, Lays Off Workers
I’ve seriously run out of ways to begin these “troubled group buy site” stories. B...
Layoffs and Closings for 55tuan; Group Buy in China Hurting
55tuan, one of China’s largest group buy sites, has become the latest to fall victim to large ...
ZTE Responds to Rumor that Big Layoffs Coming in 2013, Kind of Denies It
In response to a report quoting anonymous sources in Investment Bulletin suggesting that ZTE would l...
ZTE Denies Layoff Plans, But Posts Huge Q3 Losses
ZTE has not been having a great month. After being accused by US lawmakers of spying (which is bad e...
Vancl Lays Off Rufengda Delivery Staff, Pulls Service from Most Cities Nationwide
Rumors of cuts at Vancl have been swirling for a while now, but until yesterday, the company had den...
Rumor: Lenovo Looking to Close Shenzhen Factory [UPDATE: Lenovo Denies Rumors]
Lenovo is the world’s second-biggest PC company (and it’s got its eyes on the number one...
Rumor: The9 in Dire Financial Straits, Big Layoffs in Some Departments
Chinese game developer/publisher The9 (NASDAQ:NCTY) may be in some trouble. Rumors are floating arou...
Chinese Group Buy Scam: 24quan Closing Offices, Withholding Wages, Ignoring Debts
Last month at Techcrunch Disrupt, Du Yinan of the group buy site 24quan surprised us all by saying t...
Report: DHGate Cuts Staff, Some Departments Down 50%
DHGate may be the latest in the string of high profile Chinese e-commerce companies to make high-pro...
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