Commuters wearing protective face masks wait for buses at a stop in the Central Business District in Beijing, Monday, March 2, 2020. China's manufacturing plunged in February as antivirus controls shut down much of the world's second-largest economy. Photo: AP Commuters wearing protective face masks wait for buses at a stop in the Central Business District in Beijing, Monday, March 2, 2020. China's manufacturing plunged in February as antivirus controls shut down much of the world's second-largest economy. Photo: AP
Commuters wearing protective face masks wait for buses at a stop in the Central Business District in Beijing, Monday, March 2, 2020. China's manufacturing plunged in February as antivirus controls shut down much of the world's second-largest economy. Photo: AP

Pay cuts but no lay-offs for now: how China’s tech firms are coping with the coronavirus downturn

  • Squirrel temporarily closed 2,000 offline schools and moved 200,000 students to online classes within 15 days
  • Uxin said in the post that it has requested that some employees take temporary leave with a ‘cost-of-living allowance’

Topic |   Coronavirus pandemic
Commuters wearing protective face masks wait for buses at a stop in the Central Business District in Beijing, Monday, March 2, 2020. China's manufacturing plunged in February as antivirus controls shut down much of the world's second-largest economy. Photo: AP Commuters wearing protective face masks wait for buses at a stop in the Central Business District in Beijing, Monday, March 2, 2020. China's manufacturing plunged in February as antivirus controls shut down much of the world's second-largest economy. Photo: AP
Commuters wearing protective face masks wait for buses at a stop in the Central Business District in Beijing, Monday, March 2, 2020. China's manufacturing plunged in February as antivirus controls shut down much of the world's second-largest economy. Photo: AP
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