Caixin
May 24, 2022 08:49 PM
BUSINESS

Q&A Site Zhihu Fires Up to 30% of Staff, Sources Say

Founded in 2011, the Beijing-based tech firm has yet turned a profit. Photo: VCG
Founded in 2011, the Beijing-based tech firm has yet turned a profit. Photo: VCG

Chinese online Q&A platform Zhihu Inc. has sacked up to 30% of its workforce, including many in senior roles, Caixin has learned.

The mass firing comes after the Quora-like website failed to break even after a decade in the red.

Employees estimated that between 20% to 30% of Zhihu’s workforce was lost in this latest round, with cuts to departments in IT, commercialization, education, and community operation.

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