The Hangzhou-based company reported that it had slightly more than 245,000 employees at the end of the most recent reporting quarter, cutting back during a period that marked its first-ever contraction in revenue.
It also reduced its workforce in the first three months of the year by 4,375, mirroring widespread moves among global technology companies to rein in spending at a time of rising inflation, materials costs and political tensions.
Bu hikaye The Straits Times dergisinin August 10, 2022 sayısından alınmıştır.
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Bu hikaye The Straits Times dergisinin August 10, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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