Major Taiwanese newspaper China Times recently reported that, according to Huawei founder Ren Zhengfei, to ensure competitiveness, Huawei must refresh ten percent of its upper management every year. The goal is to replace all the “lazy people” on the management team in three to five years. Also, according to leaked internal news, Huawei is planning to lay off around 6,000 people by the end of September, under the name of workforce optimization. Multiple Huawei employees confirmed that they themselves were asked to leave the company by the end of September. Some internal sources also said that new college graduates hired by Huawei with less than one and a half years of service time would be fired directly. Every day, the company’s internal employees’ forum is full of negative discussions. Huawei declined to make an official comment. Founder Ren Zhengfei suggested that, those who may be laid off can make themselves useful. For example, they can join new product development “death squads” for a final chance.
Source: China Times, September 17, 2019
https://www.chinatimes.com/realtimenews/20190917004240-260410?chdtv