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Xiaomi India begins layoffs and restructuring to streamline operation : Report
The decision to reduce its workforce is seemingly part of Xiaomi India's broader efforts to adapt to the changing market dynamics and improve operational efficiency
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As part of restructuring, Xiaomi India to cut its workforce to below 1,000
The company has lost market share to similar, budget smartphone manufacturers from China which include Realme, Oppo, and Vivo
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