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Huawei Reportedly Plans Extensive Layoffs In U.S.

Huawei Technologies Co. is planning extensive layoffs at its U.S. operations as the Chinese technology giant continues to struggle with its American blacklisting, the Wall Street Journal reported, citing people familiar with the matter.

It is expected that the layoffs will affect workers at Huawei's U.S.-based research and development subsidiary, Futurewei Technologies. The unit employs about 850 people in research labs across the U.S., the Journal reported.

The layoffs could be in the hundreds. Huawei's Chinese employees in the US are being given an option to return home and stay with the company, the report said.

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