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Hujiang

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2019

    Massive layoffs and IPO bet rumors spark controversy; company denies exaggerated claims

    In March 2019, Hujiang was rumored to have laid off 95% of its staff and to have failed an IPO bet. The company denied the figures and the bet, stating that there had indeed been consolidation of loss-making businesses and position adjustments. This entry records the employment and public relations controversy without presenting online layoff percentages or bet rumors as fact.

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