Huawei cancels more than 600 jobs because of US sanctions

UNITED STATES, WASHINGTON (VOP TODAY NEWS) — China’s telecom giant Huawei announced on Tuesday it would cancel more than 600 jobs in one of its units in the United States because of “downsizing” due to Washington sanctions on the group and its 68 subsidiaries.

The layoffs will take place at Future Technologies, a Texas-based Huawei Research and Development Center, according to a statement sent by Huawei by e-mail.

Futuchery employs more than 750 people, according to Bloomberg data.

“It is never easy to make such decisions,” Huawei said in a statement, “Qualified employees will receive a termination package that includes amounts and benefits.”

Trump Huawei’s management has been included in what it called the “list of entities,” meaning that US companies need permission to supply them with US technology.

Huawei, the leader in fifth-generation communications technology, is still barred from developing fifth-generation networks in the United States. Trump’s management is trying to persuade its allies to do the same.

Washington accuses Huawei of working directly with the Chinese government, which the group denies.

After President Donald Trump met his Chinese counterpart Xi Jinping on the sidelines of the G20 summit in Osaka last month, Trump said he would ease punitive measures on Huawei as long as the equipment sold did not pose any threat to national security.

The Washington Post reported this week that Huawei secretly helped North Korea build its commercial communications network.

Huawei has partnered with Panda International for information technology on projects in North Korea for at least eight years, the paper quoted internal documents obtained from and among people familiar with the file.

Huawei, which used US technology in its components, may have violated US sanctions on exports to North Korea.

Online:

This article is written and prepared by our foreign editors writing for VOP from different countries around the world – edited and published by VOP staff in our newsroom.

Our Standards, Terms of Use: Standard Terms And Conditions.

Contact us: voiceofpeopletoday@gmail.com

VOP Today News — Breaking news source, real-time coverage of the world’s events, life, politics, business, finance, economy, markets, war and conflict zones.

Stay connected with VOP Today News on Twitter – VOP Today News on Facebook, also with our online services http://j.mp/2hDUK4x and never lost the breaking news stories happening around the world.

Support The VOP from as little as $1 – it only takes a minute. Thank you.

We are the Voice of People — the only funding and support we get from people – we are categorically not funded by any political party, any government somewhere or from any grouping that supports certain interests – the only support that makes VOP possible came from you.