The country CEO also urged Italy to make a "transparent, efficient, and fair" use of its golden power on the development of 5G networks.
Huawei's role in the United Kingdom is a key issue in the government's study, which was originally scheduled for publication in the spring, and the House of Commons Science and Technology Select Committee said there were no technical grounds for a complete ban on the Chinese firm.
However, there may be ethical or geopolitical grounds to institute a wider ban, he added.
The layoffs are expected to affect jobs at Huawei's US -based research and development subsidiary Futurewei Technologies, which employs about 850 people in research labs across the United States, the Journal said.
Huawei is planning to lay off workers at a research facility called Futurewei Technologies that employs 850 people in research labs including in Texas, California and Washington state, The Verge reported on Sunday citing the Wall Street Journal as saying.
Huawei Australia blasted its continued exclusion from local 5G networks after a British parliamentary committee found "no technical grounds for excluding Huawei entirely" from similar networks there.
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"The Government needs to consider whether the use of Huawei's technology would jeopardise this country's ongoing co-operation with our major allies", Lamb said.
According to Secretary Wilbur Ross, US companies will be allowed to trade with the Chinese communication behemoth where there is no danger to national security.
"I hope the evidence we have gathered helps the Government as it completes its Telecoms Supply Chain Review, which must be published by the end of August 2019".
A postponement could irritate telecommunications companies such as BCE Inc and Telus Corp, which cannot proceed with their plans for 5G wireless networks until Ottawa comes to a decision. Publication of the review has been delayed, and is now expected to come after UK Prime Minister Theresa May is replaced by Boris Johnson or his Conservative Party leadership rival Jeremy Hunt.
He said the voluntary decision of mobile operators to exclude the firm from "core" aspects of their 5G networks in order to reduce the impact of any potential threat was one the Government should follow.