In the first half of the year, most of Tencent’s business groups were laying off staff, including Tencent Cloud, game business, advertising business, content business, etc. The proportion of layoffs in the game business was about 10%, and about 100 people were laid off in the entire Tencent Sports business, accounting for one-third. one.
According to 36 Krypton, Tencent will continue to lay off staff in the second half of this year.
It is understood that Tencent’s organizational optimization is formulated by the group in a unified manner, but the rhythm of each department is different.In the second half of the year, many departments will continue to lay off employees on the basis of the first half of the year. Among them, the proportion of layoffs in various sub-divisions of PCG will even reach 40%-50%, and a few businesses will face overall layoffs. Some teams in the remaining departments are also about to perform optimizations.
Tencent declined to comment.
A source revealed that in the first half of the year, the main layoffs were grassroots employees, even fresh graduates, and the inactive middle and grassroots managers and old employees moved less. In the second half of the year, layoffs will be more from management down.
The WeChat business group and game business are the core business groups of Tencent, and will be significantly affected in the second half of the year. Some WeChat teams have also optimized a small number of employees by about 10% recently, and even affected the WeChat video account. The gaming business is not immune, and it is said that the intensity will not be low.
According to the financial report, as of December 31, 2021, Tencent had 112,700 employees, and by March 31, 2022, this number increased to 116,200, and the overall number of Tencent employees is still increasing. If large-scale layoffs are carried out in the second half of the year, it may not appear until the Q3/Q4 quarterly earnings report.