Huawei founder reportedly puts staff on crisis mode

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Huawei founder Ren Zhengfei has reportedly told its workforce to prioritise profitability rather than sales as it anticipates expect short term difficulties caused by a global recession.

In a leaked internal memo, Ren told staff to focus on revenue generation that would ensure the company’s survival over the next three years.

“No more stories, we have to talk about the realities,” Ren is quoted as saying.

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