China’s Didi is laying off 15% of its staff

TechCrunch
By Rita LiaoFeb 15, 2019, 2:09 am175 pts
China’s largest ride-hailing firm Didi plans to let go 15 percent of its employees or about 2,000 people this year, sources told TechCrunch. The cut comes as the beleagured transportation giant copes with a stricter regulatory environment that puts a squeeze on driver supply and backlash from two…

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