Recently, it was reported that Himalaya plans to lay off employees across the board, with a proportion of approximately 30%. "The products are the most, operations are second, and the technology is relatively small. The remaining products and technologies are merged, and production and research are integrated." Some netizens posted on social media, "Ximalaya co-CEO Chen Xiaoyu said at an internal business meeting that Ximalaya will not use operations and products very much in the future, and requires that future apps 'mainly rely on AI'."
(Screenshot of Ximalaya layoffs reported online)
In response to this, Himalayan responded to the media and stated that the news was completely untrue.
Along with the news of layoffs, there is also concern about the departure of many Himalaya executives. According to reports, in the past six months, many Himalaya executives have resigned one after another, including SVP Qin Lei in charge of product and Chief Content Officer Wang Chaoyang.
In this regard, Himalaya stated that with the advancement of organizational upgrading and based on the needs of the company's development, individual management positions have been adjusted and changed, which is a normal organizational structure upgrade iteration. Currently, all Himalaya departments are carrying out relevant work normally.
It is reported that Qin Lei, senior vice president of Himalaya, has indeed resigned. After Qin Lei joined Ximalaya previously, he was responsible for products, growth and content ecology.
After failing to list in the United States, Himalaya submitted an IPO prospectus to the Hong Kong Stock Exchange on March 29, 2022. The status of the prospectus currently shows that it has "expired".