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NetEase Negates Rumor of Universal Layoffs at SZ Company
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NTES-S (09999.HK)(NTES.US) Shenzhen mounted universal layoffs, as rumor went viral online recently, saying "nobody can stay" and most job cuts were mainly involved in the game business unit. On the rumor, The Paper cited sources within the circle of NetEase as explaining that this was related to the adjustment a few months ago, and was aimed at the regular adjustment of a single product. A lot of colleagues were transferred to be responsible for other products, the sources added, reassuring that all layoff rumors are certainly false news. AAStocks Financial News |
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