CHINA--TECH: HUAWEI FOUNDER SAYS ITS "DO OR DIE" TIME

On August 20, Huawei founder Ren Zhengfei put the company on a war footing in the face of mounting US pressure. On August 19, the US gave Huawei a 90-day reprieve to continue to do business with US clients, but also put 46 of the company’s affiliates on the Entity List.  In an internal memo, Ren Zhengfei warned that the company was at a critical “live or die moment” and told underused employees to make themselves useful. Specifically, he urged employees to form “commando squads” to explore new projects or to look for jobs that need doing internally. Caixin reported him as warning that those who did neither would face the consequences. He was quoted as ssaying“If they fail to find a role, their salaries will be cut every three months.” The company has also "switched to 24-hour days, working as many as 10,000 developers across three shifts to eliminate the need for American software and circuitry.”





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