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Tuesday, 23 July 2019

Huawei unit cuts more than 600 jobs following US sanctions

Chinese telecom giant Huawei said on Tuesday that more than 600 jobs would be lost at a US unit as a result of "curtailment of business operations" caused by Washington's sanctions on the firm and 68 of its subsidiaries. The layoffs will come at the Chinese company's US-based research and development arm, Futurewei Technologies, which is incorporated in Texas.

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