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Manu Kumar Jain Xiaomi : There is a phase of retrenchment in tech companies due to the financial crisis all over the world. The phase of resignation of top officials posted in these companies is continuing. Global Vice President of the country and the world’s smartphone brand Xiaomi and former head of its Indian branch Manu Kumar Jain has resigned. He has announced this on the social media platform Twitter. Know what is the update…
Resigned after almost 9 years
Manu Kumar Jain has announced his resignation today on Monday (January 30) after a tenure of almost 9 years in the company. Manu has announced his resignation in a tweet. He added that “Change is the only constant thing in life. Over the past 9 years, I have been fortunate to have found so much love and that has made this goodbye so difficult. Thank you all.”
He further added that “the end of a journey also marks the beginning of a new one full of exciting opportunities..hello to a new adventure.” ) had also resigned from the company.
Change is the only constant in life!
Last 9 years, I’m lucky to have received so much love that it makes this goodbye so difficult. Thank you all.
The end of a journey also marks the beginning of a new one, full of exciting opportunities. Hello to a new adventure!#ManuJain pic.twitter.com/sVgahC7zhr
— Manu Kumar Jain (@manukumarjain) January 30, 2023
This is the reason for leaving the job
According to media reports, this resignation has happened in the midst of the ongoing legal battle between the Enforcement Directorate and Xiaomi over the alleged violation of the Foreign Exchange Management Act (FEMA Foreign Exchange Management Act) of Xiaomi company. Manu Jain spearheaded the launch of Xiaomi in India in 2014. Prior to Xiaomi, Manu Kumar Jain was also the co-founder of the online shopping site Jabong.
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