You are here

Alibaba-backed Chinese phone maker Meizu to axe 5% of workers

Wednesday, January 6, 2016 - 05:50

Hong Kong

MEIZU Technology Corp, the Chinese smartphone maker backed by Alibaba Group Holding Ltd, is planning to cut as much as 5 per cent of its roughly 4,000 staff to strengthen its performance as industry growth cools.

Meizu plans to trim as many as 200 people from its

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom