Didi Chuxing starts companywide lay-offs amid unresolved cybersecurity probe, ongoing delisting in New York

Source: Tech – South China Morning PostChinese ride-hailing giant Didi Chuxing has started companywide lay-offs as the company seeks to delist from the New York Stock Exchange (NYSE) amid an unresolved cybersecurity probe by Beijing, according to two employees familiar with the matter.The employees, who were briefed on the corporate decision but declined to be identified because the matter is private, said those being laid off would be compensated with their monthly salary multiplied by the number of years they have been at the…Read More

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