Huawei's U.S. research arm slashes more than 70% of workforce
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SANTA CLARA, Calif. (Reuters) - China's Huawei Technologies Co Ltd [HWT.UL] said it is slashing more than 600 jobs at its Futurewei Technologies research arm in the United States after being placed on a trade blacklist by the U.S. government.Futurewei, which employed 850 people in the United States, began laying off workers on Monday, Reuters reported earlier, citing employees, including one who spoke as he left the company's Silicon Valley campus.Huawei is among the world's largest..