April 13th, 2012 by Arjan Olsder Posted in Companies & M&A | No Comments »
Chinese publisher The9 has seemingly started restructuring following weak financial results. Depending on the department, the publisher seems to be chopping up to 50% of its workforce.
The company calls these strategic adjustments in accordance with the needs of the business. By cutting workfoce, the company expects to be able to work more efficiently.