Morning commuters walk out of a subway exit in Zhongguancun, technology hub in Beijing, China. 27-Dec-2021
A new wave of job cuts is shaking China's Big Tech firms as 2021 comes to a close. Companies are reportedly laying off more employees than usual for this time of year, setting off “panic among a lot of people”. Beijing’s regulatory tightening on the internet sector and rising competition are putting financial pressure on tech giants.
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Photo credit: © Lou-Foto / Alamy / Afripics
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Keywords: beijing, china, chinese, commuters, companies, company, cuts, emplyee, emplyees, firms, job, morning, tech, teck, unemployment, young, zhongguancun
