Xiaomi has just made a major new announcement during the Hong Kong Stock Exchange earlier today (30th December 2022). The company has officially promoted Lu Weibing as the new President of its international business department of the group.
the Chinese tech giant had previously already announced that Wang Xiang, the former President, will be retiring on December 30, with Lu Weibing set to take over. In the announcement, the brand also stated that Lu Weibing has been promoted to President of the international business department of the group and will even be managing the smartphone department, ecological chain department, major appliance department, China region, and India region of the group.
Furthermore, Wang Xiaoyan was promoted to Vice President of the group and will also serve as president of the group in China. Qu Heng is promoted as the Vice President of the group and will also work as the chairman of the group technical committee as well. Lastly, Ma Ji was also promoted to the role of Vice President of the Xiaomi Group and will even serve as the general manager of the Internet business department of the group.
Interestingly enough, this news arrives soon after rumors of Xiaomi laying off thousands of employees. For those unaware, there was a panic in the company as it was reported that there were multiple rounds of layoffs that affected multiple departments. As per the report, there were up to 75 percent layoffs in certain departments as well, while some teams also saw a 40 percent downsizing.
RELATED:
- Xiaomi Pad 6 Series to Launch in Q2 2023, Report
- Xiaomi 13 Ultra to feature an impressive new Periscope Zoom Camera: Tipster
- Xiaomi Mijia Smart Fish Tank is Now Available for Crowdfunding
- Xiaomi ends software support for Redmi 8, Redmi 8A, Redmi K30 5G, & POCO X2
(Via)
