In brief: Didi to layoff 15% of its staff: sources

• Chinese ride-hailing giant Didi Chuxing will lay off 15 percent of its staff or about 2,000 employees this year, a source said.
• Didi CEO Cheng Wei said that the company wants to focus on its core mobility services and cut business units that are not critical to its main ride-hailing business.
• However, Didi will continue to hire for safety technology, product engineering, and international expansion while maintaining its overall employee count.

Source: Reuters