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
The layoffs come with the company rejigging its internal structures, with most of the decisions now being taken by the Chinese parent - a change that several employees said was at the heart of the company s slipping market share, according to the Economic Times report.
The service will initially go live in 15 cities including Ahmedabad, Bangalore, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Hyderabad, Indore, Jaipur, Kolkata, Lucknow, Mumbai, Noida and Pune.