Posted on August 17, 2022
Tencent Sales Fall for First Time as China's Economy Sinks
Unmute
Tencent Sales Fall for First Time as China's Economy Sinks
ByZheping Huang and Jane Zhang
August 17, 2022 at 1:44 AM PDT
The country’s most valuable company reported it employed 110,715 at the end of June, down 4.7% from the end of March in the first staffing cutback since 2014, according to its latest filing. Tencent revealed the net reduction after reporting its quarterly revenue missed estimat