Aug 28, 2023 06:19 PM

BUSINESS

AI Specialist SenseTime Is Laying Off More Workers, Sources Say

By Xie Yunli, Du Zhihang and Kelsey Cheng

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What’s new: Chinese artificial intelligence (AI) software developer SenseTime Group Inc. is again laying off workers as it struggles to stem a tide of red ink, current and former employees told Caixin.

SenseTime hasn’t been performing well and has been gradually cutting positions while slowing hiring in recent months, one former worker told Caixin. The company went through a massive round of layoffs last September, one current employee said.

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