Alibaba Lays Off Nearly 10K Employees Amid Poor Sales

Business

⚡Alibaba Lays Off Nearly 10K Employees Amid Poor Sales

By IANS

Alibaba Lays Off Nearly 10K Employees Amid Poor Sales

Chinese tech conglomerate Alibaba has bid goodbye to nearly 10,000 employees in an effort to cut expenses amid sluggish sales and slowing economy in the country, the media reported on Saturday.