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Chinese food-delivery giant Meituan said it has laid off fewer than 2,000 employees over the past two months, after workers described broad staff cuts across multiple business lines.
The Chinese food-delivery giant says fewer than 2,000 employees have left, while workers describe the reductions as its largest personnel adjustment in years
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Chinese food-delivery giant Meituan said it has laid off fewer than 2,000 employees over the past two months, after workers described broad staff cuts across multiple business lines.

Meituan’s revenue in the three months ended March rose 5.6 per cent year on year to US$13.45 billion, according to its earnings…

Meituan’s second-quarter net profit falls to 365.3 million yuan, compared to 11.4 billion yuan a year ago.

Meituan plans to roll out “subsidies to pension insurance” for all its delivery workers across the country in 2025, CEO Wang Xing…

Beijing Mercedes-Benz Sales & Service Co. plans to reduce its workforce from about 900 to under 600 through two rounds of…

Citing internal data, Leiphone.com reported that Meituan’s daily food delivery orders reached 90 million this month.

The latest round of layoffs could be announced as early as next week. Read more at straitstimes.com. Read more at…