China-based LeEco is slashing its workforce in neighboring India.
Panasonic reportedly plans to close its Beijing factory which makes lithium batteries for laptops and smartphones.
Taiwan Semiconductor Manufacturing Co., Ltd. announced that their solar energy subsidiary TSMC Solar Ltd. will terminate operation at the end of August 2015.
China Mobile's branches in Shandong, Fujian and Shanxi are reportedly planning employee layoffs and nearly 300,000 staff will lose their jobs.
As part of Microsoft's global employee layoff plan, Nokia's Beijing factory will reportedly cut 3,000 employees.
Google just announced a new round of layoffs targeting Motorola Mobility and 1,200 employees will lose their jobs, accounting for about 10% of all
Nokia Siemens Networks has confirmed to local media that it will cut 350 employees in China.
Chinese sportswear brand Lining announced a round of staff layoffs to lower labor costs.
The home supplies retailer B&Q has closed one more store in Nanjing.
Aiming to improve business efficiency and reduce costs, the Finnish communications corporation Nokia will relocate its Asia Pacific headquarters from Singapore to Beijing.