Baidu’s Two Internet Video Subsidiaries Complete Integration With Few Layoffs

Iqiyi.com has completed integration with PPS, an Internet video website recently acquired by Baidu.

Tencent Cuts Staff In North American Game Studio

Chinese Internet company Tencent recently completed its staff layout in its North American office, and about 20 employees were dismissed during this adjustment, accounting for 40% of its total employees in North America.

Ireland’s Saongroup Acquires 90% Stake In ChinaHR.com; Half Staff Will Lose Jobs

Ireland’s Saongroup.com reached an agreement before the Chinese New Year began with America’s Monster for the acquisition of its Chinese Internet recruitment subsidiary ChinaHR.com.

Chinese Online Video Website To Cut 20% Staff

Chinese Internet video website Ku6.com has announced that to simplify operations, control costs, and improve efficiency, the company has decided to restructure its sales department.

Rumor: Shanda To Cut Over 400 Employees In China

According to rumor spreads on the Chinese Internet, Shanda Interactive Entertainment Limited, a top interactive entertainment media and online game company in China, plans to cut over 400 employees.