Tencent to Clear Out 10% of Managers to Make Room for New Blood
A flag bearing the Tencent Holdings Ltd. logo is displayed alongside a Chinese flag outside the company’s offices in Beijing, China. (Photographer: Giulia Marchi/Bloomberg)

Tencent to Clear Out 10% of Managers to Make Room for New Blood

(Bloomberg) -- Tencent Holdings Ltd. is planning to clear out about 10 percent of its existing managers to make room for younger executives as China’s largest gaming and social media company confro...
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