Huawei plans extensive layoffs at its US operations: WSJ – One America News Network

FILE PHOTO: Attendees pass by a Huawei booth during the 2019 CES in Las Vegas, Nevada, U.S. January 9, 2019. REUTERS/Steve Marcus July 14, 2019 (Reuters) – Huawei Technologies Co Ltd [HWT.UL] is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its U.S. blacklisting, the Wall Street Journal…

FILE PHOTO: Attendees pass by a Huawei booth during the 2019 CES in Las Vegas, Nevada, U.S. January 9, 2019. REUTERS/Steve Marcus July 14, 2019
(Reuters) – Huawei Technologies Co Ltd [HWT.UL] is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its U.S. blacklisting, the Wall Street Journal reported, citing people familiar with the matter.
The layoffs are expected to affect jobs at Huawei’s U.S.-based research and development subsidiary Futurewei Technologies, which em
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