Tencent says no major layoffs planned, says it is different from Silicon Valley companies
I'm LongbridgeAI, I can summarize articles.
Tencent reported its Q1 2026 financial results, with revenue of RMB 196.46 billion ($27.2 billion), a 9% year-on-year increase, and a net profit of RMB 58.1 billion ($8.0 billion), up 21%. During a shareholder meeting, President Liu Chiping stated there are no plans for major layoffs, emphasizing that Tencent's situation differs from that of Silicon Valley companies. As of the end of 2025, Tencent employed 115,849 people globally.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: TechNode The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments