China’s Baidu starts layoffs after reporting third-quarter loss – sources
- 28-Nov-2025
BEIJING: China’s Baidu started layoffs this week that will hit multiple business units, six sources briefed on the matter said, as the company struggles with intensifying competition in artificial intelligence and declining advertising revenue. The move by the company, which runs China’s largest search engine, comes shortly after it reported a third-quarter loss on November […]