BEIJING: Chinese tech giant Tencent said Monday it had fired more than a hundred employees for violating company policies, with some referred to police and later found guilty of bribery and embezzlement.
The Hong Kong-listed company is the world’s top video game maker and the owner of popular super-app WeChat but has struggled under a broad regulatory crackdown on China’s tech sector initiated in late 2020.
In a statement, the firm — which in November posted its second consecutive quarterly decline in revenue — said it had found more than 100 employees guilty of violating its anti-fraud policy.
More than 10 were transferred to China’s public security…
