Baidu’s Two Internet Video Subsidiaries Complete Integration With Few Layoffs
Iqiyi.com has completed integration with PPS, an Internet video website recently acquired by Baidu.
Tencent Cuts Staff In North American Game Studio
Chinese Internet company Tencent recently completed its staff layout in its North American office, and about 20 employees were dismissed during this adjustment, accounting for 40% of its total employees in North America.