ZTE denied carrying out 'personnel optimization' and said the adjustment was a normal procedure, which was confirmed by internal employees

According to news from this website on January 16, according to the "Times Weekly" report today, the relevant person in charge of ZTE responded to the rumors related to "personnel optimization": "The information is untrue , The company's personnel are generally stable." At the same time, some internal employees of ZTE revealed that the company's personnel "have indeed been adjusted," but they are relatively routine. Attached to this site is the summary:

Recently, it is reported that ZTE has successively carried out personnel optimization throughout 2023, and some departments have been optimizing their personnel since the beginning of the year. The proportion is 20%,
• is mainly fresh graduates and social recruitment personnel

  who will join the company in 2022.

The personnel adjustment at the end of 2023 involves
• some employees with longer service years

  , and the proportion of some departments (affected employees) is expected to be 10%- About 15%, the head of the department will interview the employee individually, and the compensation is N 1.

According to ZTE’s third quarter report for 2023 released in October last year, the company’s third quarter revenue was 28.688 billion yuan, a year-on-year decrease of 12.38%;

Net profit was 23.69 billion, a year-on-year increase of 5.09%

. From January to September 2023, ZTE achieved operating income of 89.39 billion yuan, a year-on-year decrease of 3.42%; net profit attributable to the parent company was 7.84 billion yuan, a year-on-year increase of 14.97%.

ZTE invested 19.06 billion yuan in R&D in the first three quarters, accounting for 21.3% of operating income, mainly in the three fields of network, computing power, and computing network integration

. It is worth noting that this is the first time in the past five years that ZTE has experienced a year-on-year decline in revenue in the first three quarters.

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