News Chinese Flash Maker Slashes Jobs Amid Sanctions

[Admin]

YMTC is laying off staff as it faces challenging market conditions and sanctions from the US.

Chinese Flash Maker Slashes Jobs Amid Sanctions : Read more

 

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"a former worker said on Chinese social media app Zhihu that YMTC asked for more than 400,000 Yuan (approximately $59,000) in repayments for his subsidized apartment"

You load 16 tons, what do you get? Another day older and deeper in debt.

I'm so glad I wasn't unfortunate enough to be born in China.