SenseTime announced layoffs and provided N+2 compensation. The official explanation was to 'optimize the talent structure according to changes in the market environment.'

News from this site on August 28, according to Caixin reports, recently, many current and former SenseTime employees confirmed that a new round of layoffs has arrived in the company, involving multiple departments, and are required to leave within a week at the earliest. .

Several SenseTime employees said that the scale of layoffs is quite large. An employee of the Smart City and Commerce Group (SCG) said that the layoffs in his department accounted for about 10% to 15% of the total number of employees; the quality center under SCG was disbanded, and product quality inspection tasks were assigned to various teams. Another SCG employee said that some products, regardless of whether they are profitable or not, have been put into maintenance status and no new versions will be released. An employee of the Intelligent Industry Research Institute said that the institute's layoff ratio this time was about 10%

The above-mentioned employee said that the compensation standard for this layoff was "N (one month's salary for each year of service) ) 2", plus the payment of social security in September. For some employees and fresh graduates whose contracts are not renewed upon expiration, the compensation is "N 1".

In this regard, SenseTime officially responded: “As a rapidly growing science and technology enterprise, SenseTime concentrates its resources on future strategic growth areas including general artificial intelligence. The company makes corresponding strategic adjustments according to changes in the market environment and its own development status, and optimizes the organization and talent structure to better meet the needs of business development. At present, the company's overall development is good, and it provides excellent social talents and universities Graduates will continue to be introduced. SenseTime is confident in the long-term value and prospects of the group."

According to SenseTime's financial report, we learned that the company's total revenue in 2022 will be 3.809 billion yuan, year-on-year decreased by 19%; gross profit was 2.542 billion yuan, gross profit margin was 66.8%; net loss was 6.093 billion yuan, and adjusted net loss was 4.736 billion yuan

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