OnePlus lays off employees in Europe to focus on target markets
By MYBRANDBOOK
A number of European governments have rejected Chinese-made equipment designed to combat the coronavirus outbreak. There is a sharp protest for the Chinese products in Europe due to the out break of COVID-19 from china.
Thousands of testing kits and medical masks are below standard or defective, according to authorities in Spain, Turkey and the Netherlands.
OnePlus launched its latest flagship phones, the OnePlus 8 and OnePlus 8 Pro, around two weeks ago and now the Chinese smartphone maker has reportedly laid off several workers in Europe.
According to sources close to the matter, many regional offices namely UK, France and Germany have been downsized by as much as 80 per cent, leaving skeletal teams of around three people in some countries.
“Europe is a very important market for us and has been since the beginning of OnePlus. We are doing some strategic restructuring in Europe, and in fact are even hiring in the region,” the report quoted company”s spokesperson saying.
However, the teams in Denmark, Finland, Netherlands and Belgium appear to be unaffected, as these are the markets where OnePlus apparently sees most potential.
The changes has nothing to do with the pandemic, but as the company raced towards premium 5G smartphones, carriers like O2 and EE discontinued their partnerships with the brand in the UK.
It has also been notified that the recent layoffs have not relation to COVID 19 but it happens to be a strategic move by the company as they move ahead towards 5G technology.
As per Ben Wood, Chief Analyst at CCS Insight, ”OnePlus has fallen into the trap of over-promising and under-delivering”. The company is struggling hard to maintain relationships with carriers in Europe.
Legal Battle Over IT Act Intensifies Amid Musk’s India Plans
The outcome of the legal dispute between X Corp and the Indian government c...
Wipro inks 10-year deal with Phoenix Group's ReAssure UK worth
The agreement, executed through Wipro and its 100% subsidiary,...
Centre announces that DPDP Rules nearing Finalisation by April
The government seeks to refine the rules for robust data protection, ensuri...
Home Ministry cracks down on PoS agents in digital arrest scam
Digital arrest scams are a growing cybercrime where victims are coerced or ...
ICONS OF INDIA : SANJAY GUPTA
Sanjay Gupta is the Country Head and Vice President of Google India an...
ICONS OF INDIA : SACHIN BANSAL
Sachin Bansal is an Indian entrepreneur. He is best known as the found...
ICONS OF INDIA : SOM SATSANGI
With more than three decades in the IT Sector, Som is responsible for ...
GeM - Government e Marketplace
GeM is to facilitate the procurement of goods and services by various ...
CSC - Common Service Centres
CSC initiative in India is a strategic cornerstone of the Digital Indi...
ITI - ITI Limited
ITI Limited is a leading provider of telecommunications equipment, sol...
Indian Tech Talent Excelling The Tech World - Sanjay Mehrotra, CEO- Micron Technology
Sanjay Mehrotra, the President and CEO of Micron Technology, is at the...
Indian Tech Talent Excelling The Tech World - Soni Jiandani, Co-Founder- Pensando Systems
Soni Jiandani, Co-Founder of Pensando Systems, is a tech visionary ren...
Indian Tech Talent Excelling The Tech World - AJAY BANGA, President - World Bank
Ajay Banga is an Indian-born American business executive who currently...