Business News
Home > Business News
Xiaomi says less than 10% workforce to be affected amid 'organisational streamlining'
TIWN
TIWN
PHOTO : TIWN
New Delhi/Hong Kong, Dec 20 (TIWN) Global technology brand Xiaomi on Tuesday said that the company is implementing organisational restructuring and personnel optimisation that will affect less than 10 per cent of its total workforce.
A company spokesperson said on Tuesday that its "personnel optimzation and organizational streamlining" practice would "affect less than 10% of total workforce", adding that those affected have been compensated in compliance with local regulations.
Add your Comment
Comments (0)
More Business News
- SpiceJet denies KAL Airways' Rs 1,323 cr claim, labels it 'legally baseless'
- Food regulator finds no trace of ethylene oxide in Indian spices
- Indian tech leaders stand behind Ola's Bhavish in his fight against Microsoft & LinkedIn
- How volatility hit the Indian markets in last three elections
- Dell discloses data breach of some customers’ names, physical addresses