Shedding staff: Sources have said ZTE, one of the world's biggest telecoms gear makers, is axing about 5% of its 60,000 global workforce. — Reuters
HONG KONG: Chinese telecom equipment maker ZTE, which is facing US trade sanctions that could severely disrupt its supply chain, is slashing about 3,000 jobs, including a fifth of positions in its struggling handset business in China, company sources said.
The sources said the Shenzhen-based company, one of the world's biggest telecoms gear makers, is axing about 5% of its 60,000 global workforce.
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