The expectation of retrenchment of 20 per cent of employees by those featured in the survey amounts to 78,592 people.
The restructuring in China is in line with the global restructuring exercise announced in January 2020, said sources.
Carmakers will shed 80,000 jobs across the world in the coming years
The layoffs will come at the Chinese company's US-based research and development arm, Futurewei Technologies, which is incorporated in Texas
According to the Budget documents, almost 40 per cent of the state's revenue expenditure during 2017-18 is accounted for by salary and pension