Xiaomi faced a major decline in its workforce in the Previous Month
Around 3% of their total workforce lost their jobs This year
Credit:Unsplash
The major reason behind is that a steady declines in company sale revenue
Credit:Unsplash
Company revelas that their sales rapidly decline in the past years
Credit:Unsplash
Even it is still declining with the passing of time. nearly from
70 billion Yuan or $10 billion yuan
Credit:Unsplash
The cause behind this loss problem is that China's Economy drop down in July
Credit:Unsplash
Which impact In the Chinese market to make sales and it's looking too difficult because demand is poor
Credit:Unsplash
Secondly, the largest mobile marketing country India imported
heavy taxes on their products
Credit:Unsplash
This problem directly put impact on workers and fired out from company
Credit:Unsplash