Tencent Targets 10 Percent Of Managers For Job Cuts Or Demotion: Bloomberg

www.oann.com | 3/22/2017 | Staff
kringkring (Posted by) Level 4
(Reuters) – Tencent Holdings Ltd is putting about 10 percent of its managers on notice, as China’s largest gaming and social media company shakes up its workforce amid cooling growth and intensified competition, Bloomberg reported on Tuesday, citing sources.

The company’s lowest-performing general managers will need to leave or be demoted, mainly because not much staff-pruning has occurred...
(Excerpt) Read more at: www.oann.com
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