A bit late for some workers: Weekend - Huawei planning "extensive" US staff layoffs

Citing an unnamed senior U.S. official, via Reuters:

  • U.S. may approve licenses for companies to re-start new sales to Huawei
  • in as little as two weeks

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Background this this:

  • Huawei was added to a Commerce Department list in May that prohibits U.S. companies from supplying it with new American-made goods and services unless they obtain licenses that will likely be denied.
  • In June though US President Donald Trump announced American firms could sell products to Huawei. Licenses could be issued where there is no threat to national security.