According to the latest report, Meizu is on life support, currently struggling for survival, utilizing every available opportunity to prevent total collapse.
Two top managers had earlier left the company and according to the reports, the company has laid off more than 30% of its workforce this year and is down to just 1,000 employees across its retail stores. As at 2016 Meizu had more than 2700 stores across China, but the company is currently down to 5 – 6 stores in each of the 23 provinces of China.
Even though the company confirmed that the first 5G phones will arrive next year, but seriously fighting for survival. The question how will Meizu come out of this current situations without cutting more staffs?
Every company in one way or the other experience downtime, but with adequate strategies, they can come out of it.
(Source)
Nawa o
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Na Buhari cause am
Na waoo
I don’t even know this company
That is definitely their business to handle. I pray they don’t end up like gionee
Too many new phones in the market and we don’t buy every time. So am not surprise if any company closed their stores. Mauvais marché
First it was Gionee, now it’s Meizu
Ooh God. RIP Meizu