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Tencent Reportedly Denied Slashing Workforce of 10%-30%

Release time:2024-03-29Popularity:242

According to a recent rumor circulating on a workplace content community, Tencent Holdings (00700), the parent company of social media app WeChat, was allegedly planning to lay off employees by 10% to 30%. However, multiple sources within Tencent have denied the validity of this claim, and there is no actual plan for such layoffs. 


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