Alibaba Cuts Over 9,000 Jobs In June Quarter To Improve Efficiency And Profit Margin: Report

Benzinga2022-08-07

ZINGER KEY POINTSAlibaba laid off 9,241 employees in the June quarterThe retrenchment comes amid regulatory crackdowns and domestic economic challengesAlibaba Group Holding Limited reported this week ...

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Comments

  • Bspn
    2022-08-08
    Bspn
    Ok
  • Steadyhoo
    2022-08-08
    Steadyhoo
    Right sizing is not a bad thing for business sustainability and revenue/costs management.
  • Shirley Soh
    2022-08-08
    Shirley Soh
    Ok
  • 来人
    2022-08-08
    来人
    Ok
  • nctony
    2022-08-08
    nctony
    OMG[Cry] 
  • NsaidN
    2022-08-08
    NsaidN
    Sad to hear that but that's fact of life.
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