On March 28, Huawei held the 2021 annual report press conference, and Huawei's rotating chairman Guo Ping, vice chairman and CFO Meng Wanzhou attended the performance briefing. In the interview session, for the question of whether Huawei will lay off employees under difficult circumstances, Guo Ping said that scientific research and innovation are the basis for Huawei's survival, and will continue to increase the absorption of talents, especially top talents.

Guo Ping also revealed that Huawei recruited a total of 26,000 fresh graduates last year and the year before, of which more than 300 are talented teenagers, and it is expected to recruit more than 10,000 fresh graduates this year. Huawei's "Genius Youth" program was launched by Ren Zhengfei in 2019 to attract top talents from around the world with the world's top challenges and rewards. According to Xiao Lei's understanding, the "Genius Teenager" program has a total of 7 rounds of screening, testing and interviewing, which is quite difficult.
Of course, the salary is also quite generous, the annual salary can reach up to 2.01 million yuan, but the requirements of the post for the candidate are also quite high, there is no scientific research results, awards and academic qualifications, it is difficult to become a "genius teenager", you have the conditions of the small partners may wish to try it, to Huawei to contribute.
Since being sanctioned by the United States, Huawei's consumer electronics business has been hit hard, Kirin chips can not be produced, mobile phones, tablets, smart wearables, TWS headphones and other products have been affected to varying degrees, in order to get rid of the embarrassing situation of being "stuck neck", Huawei must increase investment in talent absorption, technology self-development and other aspects.
In the past ten years, Huawei has invested more than 800 billion yuan in research and development, and although it has suffered setbacks, it still will not reduce expenditure on research and development. Huawei's 2021 performance data shows that the total revenue in 2021 was 636.8 billion yuan, down 28.6% year-on-year, but the net profit rose 75.9% to 113.79 billion yuan.
Meng Wanzhou also said that Huawei's core competitiveness lies in long-term investment in the field of research and development, in the research and development team and research and development capabilities, and Huawei's research and development investment will not be constrained by profits.
At present, all technology and Internet companies are facing a common problem, that is, layoffs, Xiao Lei has seen a number of companies in recent days have been exposed to the news of large-scale layoffs, on the one hand, revenue has begun to shrink, enterprises need to achieve throttling through layoffs, on the other hand, business development may not be smooth, had to dismiss some employees, but Huawei can stabilize the basic disk, expand the scale of talent introduction, you can see the strength of the enterprise base.
As Guo Ping said, only excellent talents can solve Huawei's current difficulties, and now Huawei wants to break through foreign technology blockades, such as through a stronger talent reserve and scientific research investment. Xiao Lei also expects Huawei to get out of the haze of sanctions and return to the peak of the domestic smartphone market.