Tech

Huawei plans extensive US job cuts amid trade blacklisting

Huawei is said to be planning extensive layoffs in the US as the Chinese tech firm grapples with the impact of President Donald Trumps trade ban.

The job cuts are expected to affect staff at the firms US-based research and development subsidiary Futurewei Technologies, which employs roughly 850 people across the country, the Wall Street Journal reported.

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Huawei may slash hundreds of jobs, while Chinese employees in the US are being given the option to return home and stay with the company, according to the report.

Trump has added Huawei to a trade blacklist, effectively blocking American companies from doing business with the Chinese firm.

Staff at Futurewei are said to have faced restrictions on communicating with colleagues in Huaweis China offices following the decision to roll out a ban on the tech firm.

But in an apparent softening of the USs stance, commerce secretary Wilbur Ross last week said the government would issue licences to companies looking to sell to Huawei as long as there was no threat to national security.

The concession, which came amid trade talks between Trump and Chinese President Xi Jinping at the G20 summit, followed warnings from US chipmakers that the ban would have a serious impact on their business.

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