Layoffs on! Xiaomi cuts over 900 jobs amid global inflation, foreign exchange fluctuations, says report
Revenue from the smartphone segment slumped 28.5 per cent, from 59.1 billion yuan in the second quarter last year to 42.3 billion yuan this year.
According to Canalys, Global smartphone industry shipments declined 8.9 per cent year-over-year and 7.7 per cent quarter-over-quarter. Pic: https://twitter.com/Xiaomi