Alibaba Group said it plans to hire 15 000 people this year, pushing back on reports that the Chinese tech firm is laying off employees. Moneyweb JobOpportunitites
Alibaba Group said it plans to hire 15 000 people this year, pushing back on reports that the Chinese tech firm is laying off employees. In a statement released on Weibo on Thursday, the Chinese e-commerce platform said its “six major business divisions will need to hire 15 000 new recruits in total.” The company said it would recruit 3 000 university graduates. It characterised reports of layoffs as “rumours” and said employee departures are part of the “normal flow.
The company is offering severance packages or transfers to other parts of the Alibaba empire, as it prepares the fast-growing cloud unit for a spinoff and eventual initial public offering. The e-commerce giant has said it’s pursuing a six-way split of its operations, as it adapts to slower growth under intensified regulatory scrutiny in the Chinese technology industry.
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