China’s Didi Chuxing to lay off 2,000 people in 2019

The Chinese ride hailing giant aims to focus on its core businesses this year.

On Friday, a source familiar with the matter at hand disclosed, Chinese ride sharing giant Didi Chuxing will be laying off 15% of its workforce, roughly 2,000 people, in 2019.

According to the source, Didi Chuxing’s CEO Cheng Wei told during the company’s meeting in the morning that it will use 2019 to focus on its core mobility services; it will slash units it considers as not critical to its main ride-hailing business.

The source went on to add, Didi will continue to hire personnel for product engineering, safety technology, and international expansion with the aim of maintaining its overall employee count, said the source.

A Didi spokeswoman declined to comment.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s