China’s Huawei plans extensive layoffs at its US operations

A Huawei Technologies Co. logo sits on display as customers browse inside a Media Markt electronic goods store, operated by Ceconomy AG, in Berlin, Germany. Photographer: Krisztian Bocsi/Bloomberg

Huawei Technologies Co Ltd is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its U.S. blacklisting, the Wall Street Journal reported, citing people familiar with the matter.

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