Mainland e-commerce giant Alibaba is going in for a major restructuring by splitting the company into 25 units, each led by a general manager, chief executive Jack Ma Yun told the staff in an internal e-mail yesterday.
The internet giant, which operates popular e-commerce sites Alibaba and Taobao, is trying to avoid the bureaucracy that large companies tend to develop, and to be more nimble.
"These 25 units will be free-standing business units focused on their respective business areas," Shih said.
In his message, Ma said: "This is the most difficult reorganisation in Alibaba's 13 years. It's a culture shift!" He added that he wanted the units, though they would have their own responsibilities, to focus beyond their key performance indicators and treat the firm's overall performance as the barometer of success.