A person close to Tencent told Sina Tech on Thursday that a rumor the company planned to cut half its workforce was false. The claim circulated after Tencent’s 28th-anniversary all-hands meeting, where executives called for faster organizational changes as the company shifts resources toward AI.
The person said the figure may have come from a discussion about two kinds of work. Management described roughly half of employees focusing on making existing businesses more efficient, with the other half exploring products and businesses built around AI. Executives also called for fewer layers of management and more initiative from frontline teams. [Sina Tech, in Chinese]