Videos of employees at Tencent's Shenzhen office running away are making the rounds online.
A full building lockdown is said to have been announced after a person tested positive for Covid-19. pic.twitter.com/7M718vlGpm
— Christian Petersen-Clausen (@chris__pc) August 25, 2022
The country’s most valuable company reported it employed 110,715 at the end of June, down 4.7% from the end of March in the first staffing cutback since 2014, according to its latest filing. Tencent revealed the net reduction after reporting its quarterly revenue missed estimates.
www.bloomberg.com/news/articles/2022-08-17/tencent-s-workforce-shrinks-for-first-time-in-near-decade
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