Fusion Bank, a Virtual Bank in Hong Kong, Laid Off Employees, and Some Positions Were Replaced by WeBank Employees

08/17 04:40

On August 17th, according to reports from Trust News, Fusion Bank, a Hong Kong virtual bank in which Tencent has a stake, announced layoffs after changing its CEO last month. It is reported that about 20 employees have been laid off, with some positions being replaced by employees from Tencent's WeBank and some IT staff being asked to become contract workers.

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