Tencent, ByteDance implement fresh layoffs amid China’s economic pains

REUTERSPremium
REUTERS
 wsj 4 min read . Updated: 30 Jun 2022, 06:26 PM IST RAFFAELE HUANG, The Wall Street Journal

China has been signaling an easing of its regulatory campaign against the technology sector, but the country’s tech giants are moving ahead with more job cuts as growth stalls.

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