|
|
|
|
Alibaba pledges to hire 15K people this year amid job cut reports
|
|
|
|
| Top Stories |
 |
|
|
|
IANS | 26 May, 2023
Chinese tech conglomerate Alibaba Group on Friday denied speculations of
mass layoffs, saying it is committed to hire 15,000 new employees this
year, the media reported.
Earlier reports claimed that
Alibaba Cloud is slashing 7 per cent of its staff amid a rough economic
environment as it prepares for an IPO.
According to South China
Morning Post, Alibaba's six units are planning to make 15,000 new hires
this year including 3,000 fresh graduates.
In a post on the
company's official account on China's Twitter Weibom, the company's
recruitment site is offering "thousands of new posts" each day.
"Each
year we see newcomers joining and old colleagues leaving. The movement
of talent is what all companies see. At Alibaba, talent is moving in and
out normally," the company said in the post.
"In the face of new
situations, new opportunities and new developments, we have never
stopped innovating and upgrading ourselves, nor have we stopped
recruiting and cultivating outstanding talent," it added.
In
March, Alibaba Group planned to split into six business groups and
launch separate public listings, triggering mass layoff, according to a
Nikkei Asia report.
The six units will include the Cloud
Intelligence Group, Taobao Tmall Commerce Group, Local Services Group,
Cainiao Smart Logistics Group, Global Digital Commerce Group, and
Digital Media and Entertainment Group.
Each business unit will be led by its own CEO and board of directors.
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
₹95.3
|
₹93.6 |
UK Pound
|
₹127.7
|
₹123.7 |
Euro
|
₹110.65
|
₹106.9 |
| Japanese
Yen |
₹59.75 |
₹57.9 |
| As on 24 Jun, 2026 |
|
|
| Daily Poll |
 |
 |
| What’s your biggest challenge with the 45-day payment rule? |
|
|
|
|
|
| Commented Stories |
|
|
|
|
|
|
| |
|
