UPDATE: Zhihu (ZH) Fires Up to 30% of Staff, Including Senior Roles - Caixin

May 24, 2022 8:57 AM EDT

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(Updated - May 24, 2022 9:00 AM EDT)

(Updated - May 24, 2022 8:57 AM EDT)

Zhihu (NYSE: ZH) sacked up to 30% of its workforce including many senior roles, according to Caixin.

The mass firing comes after the website failed to break even after a decade in the read. Employees estimated that between 20% and 30% of the workforce was lost, with cuts in IT, commercialization, education, and community operations.

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