Shanda Literature cuts China e-book staff

China-based Shanda Literature announced an adjustment to its Cloudary in which the company will divest its content and hardware businesses.

After the adjustment, Cloudary will still be responsible for Shanda’s Bambook e-reader. However, the Cloudary app will be integrated with that of Qidian.com, another Internet literature branch of Shanda Literature. This adjustment aims to solve the resource redundancy problems of the two parties.