Chinese smartphone giant Xiaomi's 'personnel optimisation' to

China’s No 5 smartphone vendor Xiaomi said it is implementing personnel optimisation and organisational streamlining that affect less than 10 per cent of its workforce.
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Chinese smartphone giant Xiaomi, which has an ambitious goal of unseating iPhone maker Apple from the No 1 spot globally by 2024, has started laying off workers in multiple departments, according to social media posts by affected employees and local Chinese media reports.

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