Layoffs and unemployment are prevalent in China, especially in the IT industry, where the majority are young people. Layoffs have become the new norm. Alibaba, the Chinese e-commerce giant, denied rumors of laying off 25,000 employees in November 2023. However, in its financial report for the third quarter of the fiscal year 2023-2024 released on February 7, it was revealed that the company had indeed reduced its workforce by about 21,000 people by the end of last year, roughly the same as in 2022, totaling nearly 40,000 layoffs over the past 2 years. Alibaba has repeatedly denied large-scale layoff rumors, even going so far as to defend itself to the authorities, but the reality of massive layoffs cannot be concealed.
#chinaobserver
All rights reserved.
#chinaobserver
All rights reserved.
- Catégories
- E commerce Divers
Ajouter un commentaire
Up Next
Autoplay
-
01:48
Alibaba reports year-over-year profit surging by 69%
-
17:25
This 24-Year-Old Makes $13,000,000/Year Dropshipping (SHOCKING!)
-
49:47
Meet The 21 Year Old Amazon FBA Entrepreneur Making $1,000,000 Per Year | CEOCAST EP. 88
-
03:06
Alibaba Q4 profit sinks 86% year over year
-
47:24
He Works Full-Time and Runs An Amazon FBA Business That Generates $80K/Year In Revenue
-
1:30:45
ML ACADÉMIE FORMATION E-COMMERCE EN LIGNE, ENTREPRENDRE, GESTION PAGE, FRELENCE & COACHING WEBINAIRE
-
01:06
DESACTIVER Facebook RENCONTRE, comment mettre en pause son profil ou un compte Facebook Dating
-
18:53
Un Business Ultra Rentable à Lancer en Afrique : Gagne 1 750 000 FCFA Par Mois
-
04:35
Guadagna con l'affiliazione Agrieuro
-
09:14
MLM/LA PROSPECTION TRADITIONNELLE M'A RUINE ET ET EPUISE DANS MON MLM
Chargement...
Commentaires