The Chinese giant Xiaomi will lay off about 10% of its employees

"Routine Personnel Optimization and Organizational Simplification".

Or what is the same: execution of

, but giving the name a twisted twist to try to avoid the scrutiny of labor regulators.

There are many Chinese companies that often use this resource when they want to do a good internal cleaning.

This time, it has been the technological giant

.

A spokesman for the smartphone maker announced on Tuesday that the layoffs - without calling them that - would affect

. "

The news was reported by the Hong Kong newspaper South China Morning Post (SCMP) and other Chinese media replicated it by expanding, based on rumors and comments from Xiaomi employees on social networks, the job cut to

of the workforce.

The company, as of September 30, had

.

Of all of them, more than 32,000 operated from the Asian giant.

At the end of last year, Xiaomi opened its doors to new hires.

But the eternal policy of massive lockdowns under the zero Covid policy stretched the instability of the Chinese market and the fall in domestic consumption.

A pressure that rocked other big Chinese technology companies like

and

.

The latter, with more than

, after announcing a 50% drop in net income in June, launched three rounds of layoffs for around 10,000 workers.

For its part, the giant Tencent, developer of the popular application WeChat, the Chinese brother of WhatsApp, made layoffs in three of its six business divisions in November, although the number of employees who lost their jobs was not disclosed.

Earlier, the company revealed that the number of workers

.

Now it is Xiaomi that will lay off thousands of workers.

Taking the figures from the third quarter, where Xiaomi saw its revenue decrease by

year-on-year to 70,000 million yuan (around 9,500 million euros), the company based in Haidian, a district north of Beijing, is ranks as the fifth largest smartphone vendor in the Chinese market, with a 13% share, behind competitors such as Vivo, Oppo, Honor and Apple.

Its smartphone sales revenue, which accounts for about 60% of its total sales, fell

year-on- year.

According to the criteria of The Trust Project

Know more