Huawei to hand out $286 million bonus to staff for helping it ride out US curbs

11:00:00 PM, Tuesday 12th of November 2019 | in business

Chinese telecom giant Huawei will give a $286 million bonus in cash rewards to staff working to help it endure a US trade blacklisting. The cash reward is a mark of recognition for work in the face of US pressure. Huawei's HR will also double pay this month for almost all its 190,000 workers. The cash rewards will likely go to research & development teams and those people working to shift the company's supply chain away from the US.