Saturday, 29 November, 2025
Baidu Announces Major Layoffs Amidst Financial Decline and AI Competition
Baidu, China's search engine giant, has started large-scale layoffs across multiple business units following a disappointing third-quarter loss and a drop in ad revenue. Some teams may see cuts up to 40%. The company is restructuring to save costs while protecting key roles in AI and cloud computing, despite intense competition in the AI sector.
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