Tech planet October 10th news, according to Cailianshe. Black Shark is shrinking the number of jobs recently. The job layoff involves various departments of the company, with nearly 50% of the job layoffs. Among them, the VR project is the hardest hit area for layoffs. A large number of VR business employees recruited at the beginning of the year were laid off, and positions that were still in the probation period were cancelled at one time. People familiar with the matter said that the stranded acquisition plan of Tencent for Black Shark may be a major reason for Black Shark's layoffs.
Previously, according to media reports, Tencent plans to acquire gaming mobile phone company Black Shark Technology . After the acquisition, Black Shark will be integrated into platform and content business group (PCG) led by Ren Yuxin . Once the transaction is completed, the hardware manufacturer, mainly gaming phones, will also usher in a business transformation after the acquisition. Black Shark Technology's future business focus will shift from gaming mobile phones to VR devices as a whole - content provided by Tencent, and Black Shark provides VR hardware portal. A source said, "Black Shark's valuation is 3 billion yuan, and Tencent has cut to around 2.6-2.7 billion yuan."
But in May, an insider revealed that Tencent had given up the acquisition of Black Shark Technology. News about Tencent's acquisition of Black Shark Technology was circulated in the public in January this year, but it has not yet been approved by relevant departments, so Tencent gave up the acquisition.