Remote layoffs have become more common since the pandemic as employees worked from home. But some workplace experts have called the practice insensitive. Read More...
Benzinga
Huawei Claims Breakthrough Despite Profit Decline
According to CNBC, Huawei Technologies reported its biggest profit decline ever last Friday. The Chinese giant blamed rising commodity prices, China’s strict pandemic controls, U.S. sanctions. However, it is important to note that comparison to 2021 is somewhat inadequate due to one-off gain related to the sale of its mid-range smartphone business. 2022 Figures During the earnings call, Eric Xu, rotating chairman, described last year as being shaped with a challenging external environment that c