Audio By Carbonatix
Chinese telecommunications firm Huawei is reportedly preparing to lay off hundreds of workers in the United States, reports The Wall Street Journal.
The company has struggled in recent months after the Trump administration placed a de facto ban on US sales to the company, citing potential security threats and amidst the ongoing US-Chinese trade war.
According to the WSJ, Huawei is planning to lay off workers at a research subsidiary called Futurewei Technologies, which operates a number of research labs.
Huawei will reportedly allow some Chinese employees the option of relocating back to China to remain within the company. Some employees have apparently already been notified that they will be let go, with other layoffs planned in the near future.
In May, the White House issued an executive order that allowed the US Commerce Secretary to give the US the authority to prevent US companies from selling to entities designated a threat to national security.
As a result, Huawei is no longer able to buy some of the parts and software that it needs for its products.
While it looked as though Huawei might be getting a bit of a reprieve from the US ban on sales last month, the Trump administration has indicated that things likely won’t change until the two countries resolve their differences.
Latest Stories
-
IEU appeals to government to recruit Arabic teachers as graduates remain unemployed
13 minutes -
UG Nursing School commends AfDB, SIF for Project Support
15 minutes -
SIF hands over UG Microbiology Lab at Korle-Bu for upgrade
51 minutes -
SIF hands over UG Biotechnology Research Centre Site to contractors
1 hour -
11 arrested for engaging in illegal mining at Atiwa
1 hour -
Trump threatens Canada with 100% tariffs over China trade deal
2 hours -
Two days of peace talks end as Russia continues Ukraine attacks
2 hours -
GOC offers an Olympic Scholarship to female athletes.
2 hours -
Peace Pacts, Political Widows & Other Campaign Strategies
3 hours -
Boy, 12, dies from injuries after Sydney shark attack
3 hours -
South Sudan army chief gives soldiers seven days to crush rebellion
3 hours -
Nkrumah Park raked in GH¢10m in 2025: 266,000 tourists visited facility – Executive Director
4 hours -
Ukraine condemns ‘brutal’ Russian strikes ahead of second day of peace talks
4 hours -
Mandela’s prison key, sunglasses and shirt can be sold after daughter wins court battle
4 hours -
GES cautions public against fake recruitment letter circulating on social media
4 hours
