We reported that Royole started to pay salaries for employees (after it did not pay for over 5 months), but according to a new update the company has started to lay off a large number of its employees in several departments, including sales, marketing, product development and more. In some departments, over 50% of the employees have received notices. It is understood that the compensation package for these employees is low.
Royole has apparently denied the layoff rumor. The company has also chosen to increase salaries for some of its employees in its "Advanced Technology R&D and Production Platform" department, which is the department responsible for R&D and production of flexible displays.