Wednesday, 10 June, 2026
Silent Chopping: Chinese Tech Firms Deploy ‘Quiet’ Layoffs Amid Beijing’s AI Push
By TechShots Studio
Chinese internet firms are quietly replacing workers with fast-adopted AI tools, like the AI agent OpenClaw, by firing contractors and slashing graduate hiring. Citibank estimates that nearly 10% of Chinese jobs—roughly 70 million—face high risks of AI displacement. This wave of stealthy terminations underscores a tightrope act for corporations trying to satisfy Beijing’s aggressive push for AI productivity while avoiding large, visible layoffs that threaten social stability.
Read full story at REUTERS