Huawei plans major layoffs in US operations, says WSJ | Money

NEW YORK, July 14 – Huawei Technologies Co Ltd plans to proceed with numerous layoffs in the United States as the Chinese telecom equipment company wrestles with its US blacklist. the Wall Street newspaper reported, citing people familiar with the issue.

The layoffs are expected to affect the jobs of Futurewei Technologies, a US-based research and development subsidiary of Huawei, which employs approximately 850 people in research labs across the United States, the newspaper said.

The layoffs could be hundreds, said a person in the Journal. Another person added that Huawei's Chinese employees in the United States had the opportunity to go home and stay with the company.

Some employees have already been informed of their layoffs, while other planned job cuts could be announced soon, the newspaper said.

Huawei declined to comment when he was contacted by Reuters.

After the Commerce Department decided to register Huawei on its so-called list of entities, Futurewei employees were forced to contact their colleagues at Huawei's offices in China, did they? declared in the Journal.

Last week, US Secretary of Commerce Wilbur Ross said the US government would issue licenses to companies seeking to sell products to Huawei, where there was no threat to national security. – Reuters