Vlad Savov / Bloomberg:

In 2023, Alibaba cut ~20K staff, ending the year with 219,260 employees, after cutting roughly the same number in 2022, and bought back $9.5B of its stock  —  - It followed roughly the same reduction in roles in 2022  — Company is offloading assets as it works on restructuring

Vlad Savov / Bloomberg:

In 2023, Alibaba cut ~20K staff, ending the year with 219,260 employees, after cutting roughly the same number in 2022, and bought back $9.5B of its stock  —  - It followed roughly the same reduction in roles in 2022  — Company is offloading assets as it works on restructuring

Source: TechMeme
Source Link: http://www.techmeme.com/240207/p13#a240207p13