A source close to Tencent has refuted claims that the company plans to cut its workforce in half. This rumor emerged following a company-wide meeting where executives emphasized the need for rapid organizational adjustments. Management clarified that the workforce is divided into two groups: those optimizing current operations and those developing AI-focused products. Executives also advocated for a flatter management structure and greater autonomy for frontline teams.
https://technode.com/2026/11/12/source-close-to-tencent-denies-rumor-of-50-layoffs/