Xiaomi has continued to reap successes in this year that is about to end, to know now that it brings a lime: it will say goodbye less than 10% of its employees
[El Xiaomi 13 Ultra y Xiaomi MIX Fold 3 se filtran con un almacenamiento interno espectacular]
A “staff optimization” at Xiaomi
The Chinese company called the move a routine staff optimization and organizational simplification. This means that on Tuesday a spokesperson for the Chinese brand announced a reduction in the workforce which is postponed to 10% of the total number of employees.
Via El Mundo, and as a source for the South China Morning Post newspaper, it is stated that the cut really would affect 15% of the workforce. Looking at its numbers, it had a total of 35,314 employees as of September this year.
Of all 32,000 are in China, and so you can get a better idea of the effect of this movement of the Chinese brand. One that goes hand in hand with that of other giants in the country, such as Alibaba, which laid off 10,000 workers by announcing a 50% drop in net income.
Some figures that have a lot to do with this downsizing operated by Xiaomi, since it has seen decrease its revenues by 9.7% year-on-year. And it is that even the sales of its smartphones have fallen by 11% over one year, when they represent 60% of its total sales.
Therefore, we are facing a time when big tech companies are making massive layoffs, as is the case with Xiaomi, one of the most current leading companies on the planet.