Tencent Said to Expand Layoffs, Cutting 10% of Game Workforce

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BEIJING, May 20 (TMTPOST)— The world’s largest game company is struggling to alleviate the shocks under the tightening regulatory environment and the Covid lockdowns in its home market.Source: Visual ChinaTencent is expanding layoffs to most of its business groups, affecting not just social media and content platforms, the cloud, the advertising but the core business game, which is set to reduce abo