China's tech crackdown, combined with a macroeconomic slowdown, has led to mass job cuts at its tech giants and record youth unemployment
Becky Sun has submitted her CV to 80 companies since being dismissed from a midsized Beijing internet group at the start of the year. Tweets: @rwmcmorrow and @adam_tooze Tweets: Ryan McMorrow / @rwmcmorrow : China's internet crackdown followed by zero-covid lockdowns have been brutal for tech companies here Now laid off tech workers are finding it hard to find their next job, with several who spoke to us saying they had to take pay cuts https://www.ft.com/... Adam Tooze / @adam_tooze : “Bailan” - let it rot How China's youth are describing their miserable job prospects as big employers cut back on hiring especially in tech. H/t @rwmcmorrow Nian Liu https://www.ft.com/... https://twitter.com/...