Apart from supplier defaults, Dreame Technology was recently exposed for conducting massive layoffs. Although the official PR statement claims that layoffs only involve 12%, according to numerous employees and screenshots of internal group chats, the group size has dropped from 23,017 members at the end of May to the latest 13,047 members—a reduction of over 40%. At the beginning of the year, the founder was still claiming to be the 'Chinese version of Musk,' but now it seems they're turning into Jia Yueting.