Huawei Denied Redundancy Rumor

Published on June 8, 2012 by connie | This story has been viewed 866 views

Shenzhen, China- Huawei, a leading global information and communications technology solutions provider, earlier said the rumor that “Huawei plans to cut ten thousand employees” is untrue, and it is making large scale recruitments in some business fields instead, according to relevant information.

The rumor started from Tong Jingguo, General Manager of Shenzhen Huajing Management Consultation Company Limited, who said his micro-blog, “Huawei is planning to but its employees by 10000 persons. The redundancy notice is said to be distributed to different departments from top to bottom levels. The staff reduction this time is expected to be started from oversea countries and then in China.” Tong Jingguo, who did not tell the information source, said when interviewed by the journalist that the staff reduction is the consequence of Huawei’s business structure adjustment, no thanks to the business operation results.

Huawei denied the rumor and said it has no plan to cut any employees. Due to the major development of enterprise business and terminal business, Huawei at present is making efforts to conduct large scale recruitments in relevant fields. The sustainable development report issues by Huawei in previous years show that Huawei’s employee number has kept a high speed growth trend in recent years. Its employee number in the end of 2009 is 95000 persons, 110000 in 2010 and 146000 in 2011. Additionally, Huawei’s employee turnover rate is averagely 6% to 8%, relatively lower than the industry average level.

Shenzhen Post Elaine Contributes to Story.

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