Dreame Reportedly Loses 10,000 Employees Between June and August
Dreame has reportedly seen approximately 10,000 employees depart or be laid off between June and the end of August, according to a WeChat account. Compensation reportedly varied.
Tech company Dreame has reportedly lost around 10,000 employees between June and the end of August, with staff either leaving voluntarily or being laid off. The information comes from the Chinese WeChat account Zhiwei.
Compensation for departing employees reportedly ranged from 0.5N for probationary staff to N+1 packages, where N represents monthly salary.
The report indicates that Dreame's automotive and smartphone teams have seen significant reductions. The company's AI smart-lock business unit has allegedly been eliminated, and most of its home appliance research and development team was cut. However, roles in sales, supply chain, and selected middle-office functions appear to have been retained.
These reported workforce changes occur amidst a broader trend of adjustments within the technology sector, as companies navigate evolving economic conditions and market demands.