In May, the U.S. placed Huawei on its “Entity List,” which effectively bars American companies from selling components to Huawei without government approval. The alleged layoff plans involve China-based Huawei’s U.S.-based research and development subsidiary Futurewei Technologies. Additionally, the company is still sorting through how to move forward with a new mobile operating system for its handsets, with Huawei presumably soon to be cut off from using Google’s Android OS. Huawei operates in the US under its subsidiary known as Futurewei. HRKatha had earlier carried a story that said the layoff was expected since Futurewei Technologies had been put on a trade blacklist by the US government. That is about two-thirds of its total workers in the U.S. Chinese telecommunications firm Huawei is reportedly preparing to lay off hundreds of workers in the United States, reports The Wall Street Journal. Need something scary to play on Halloween? Although the exact number of layoffs was unclear, a person familiar with the matter told the Journal that hundreds of people were expected to lose their jobs. All rights reserved. The layoffs are expected to hit Huawei's U.S. development subsidiary Futurewei, according to the Journal. The layoffs are expected to hit Huawei's U.S. development subsidiary Futurewei, according to the Wall Street Journal.
HRKatha had earlier carried a story that said the layoff was expected since Futurewei Technologies had been put on a trade blacklist by the US government. We want to hear from you. Some employees have apparently already been notified that they will be let go, with other layoffs planned in the near future. The company has struggled in … Huawei, which is among the world's top telecom equipment manufacturers, was blacklisted by the U.S. Commerce Department in May. More on the new OS name in just a second. The layoffs are expected to affect workers at Huawei’s U.S.-based research and development subsidiary, Futurewei Technologies, according to these people. He writes about the companies and transactions that shape life in North Texas. He compared the company to a “badly damaged plane” because of U.S. government actions. Get this delivered to your inbox, and more info about our products and services. Corner Bakery is sold to the owner of Boston Market, T. Boone Pickens' Western art nets $20.4 million after bidding from around the world, Guns, ammo going back on the shelves at Walmart, Four D-FW office buildings up for grabs in package deal, High-rise project north of downtown Dallas will include an ‘urban arboretum’, Former Dallas Cowboy Russell Maryland is still grinding, this time against racism in Southlake. Huawei has registered a trademark for — and been publicly talking up — its forthcoming Hongmeng mobile OS, but the company has also just filed a trademark in Europe for the name “Harmony” that would encompass an operating system for mobile devices as well as computers. Gizmochina brings you the best of Chinese Tech from emerging smartphone companies, innovative startups, to crazy smart home products and revolutionary technologies. The layoffs at Futurewei's headquarters in Plano were described as part of a "mass layoff." CEO and founder Ren Zhengfei said the company expects a $30 billion hit over the next couple years due to the U.S. restrictions. The layoffs are expected to hit Huawei's U.S. development subsidiary Futurewei, according to the Journal. The number of Futurewei employees in Bridgewater is not known. Follow me on Twitter - @jedi_ikoba or on Instagram - jedikoba. Huawei is yet to release an official statement about this latest development. Last month, Ren Zhengfei, the founder and CEO of Huawei, said the Chinese telecom company's revenue will be $30 billion less than forecast over the next two years.