Chinese telecom equipment maker Huawei has slashed its India revenue target for 2020 by up to 50% and is laying off 60-70% of staff, excluding those in research and development and the Global Service Centre, said several persons with knowledge of the matter.
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Falling telecom business triggers layoffs at Huawei India; company slashes revenue target for 2020
Falling telecom business triggers layoffs at Huawei India; company slashes revenue target for 2020
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