In recent months, many companies have come to the fore with news such as layoffs and downsizing for various reasons. As you may recall, Netflix was one of the first companies this news came from and about 300 employees were laid off.

The economic conditions we find ourselves in worldwide continue to affect giant companies. As you may recall, the last names hit by this crisis were Google and Ford. Today bad news came from Huawei. According to claims by China-based media, alarm bells have started ringing for Huawei.

Huawei may be having bad days

The Chinese media Yucai and Netease made rather striking claims with their posts. It has been reported that the company, which produces phones that are compared to Apple’s popular phone series iPhones and even preferable to iPhones, has had a very rough time. The most notable parts of the published reports were the messages allegedly sent by Huwei CEO Ren Zhengfei. Yucai and Netease, in a statement to the company’s employees, ‘priority cash flow and profit margin’ reportedly wanted.

In the statement of Ren Zhengfei Huawei expects a difficult period in the next 3 years and information that the company will focus more on ‘survival’. Of course, the first thing that comes to mind is that layoffs can come with this economic bottleneck. While there is no official statement on the subject yet, these are situations that are to be expected. If we look at all these claims and what has been said; It shows that compared to Apple, the company may be a bit more secluded in the coming years.

Sources: 1, 2, 3