China’s YMTC asks core US employees to leave

Chinese chip maker Yangtze Memory Technologies Co Ltd has asked its U.S. employees in core tech positions to leave, as the company rushes to comply with the new U.S export restrictions.

It was unclear how many U.S. citizens and green card holders would be forced to leave YMTC, Financial Times reported, quoting four people close to the company.

The paper said several employees in China had already left the company. US News