Apr 22, 2022 03:35 PM (GMT+8) · EqualOcean
Krypton learned from several independent sources that recently, several business departments of xiaohongshu are downsizing, the scale of personnel in the "community" of the core business line has changed greatly, and the products, technologies, platforms and other departments have also been affected. A number of people familiar with the matter said that the proportion of layoffs in a considerable number of departments was between 10-15%. Another employee of the optimized "community" Department said that the optimization proportion of his group was about 20%, and some employees said that there was no sign of optimization in his group for the time being. In addition, according to people familiar with the matter, with the growth of xiaohongshu's valuation, the option prices of many employees who entered xiaohongshu in 2020 have doubled or tripled by the end of last year.

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