Alibaba mimics Amazon by slashing jobs after poor results

Tuesday August 9, 2022. 08:00 PM , from TheRegister

Covid lockdowns, Chinese regulations and SEC threats make Alibaba's job numbers worrying
Alibaba's woes continue, with the Chinese tech giant's latest financial reports indicating it cut nearly 10,000 jobs, or around 3.8 percent of its workforce, in the second quarter of 2022. …

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