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Alibaba
Tech

Alibaba moves to quash job cuts speculation, pledging to hire 15,000 across its business in 2023

  • Alibaba said its six units are planning to make a total of 15,000 new hires this year, including 3,000 fresh graduates
  • Alibaba’s statement follows reports that its cloud computing division is laying off about 1,000 workers ahead of an expected IPO

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Alibaba denies speculation about mass layoffs. Photo: Reuters
Iris Dengin Shenzhen
Chinese e-commerce giant Alibaba Group Holding has denied speculation that it is planning mass lay-offs and pledged to hire 15,000 new employees in 2023, after media reports that it is cutting 7 per cent of jobs at its cloud unit.

Alibaba, which owns the South China Morning Post, said its six units are planning to make a total of 15,000 new hires this year including 3,000 fresh graduates, according to a Thursday post on the company’s official account on China’s Twitter-like site Weibo. The firm’s recruitment site is offering thousands of new posts each day, Alibaba said.

In the post, the company said messages circulating on the internet – some of which say the Hangzhou-based company will lay off up to 25 per cent of its workforce across various business units – were “rumours”.

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“Each year we see newcomers joining and old colleagues leaving. The movement of talent is what all companies see. At Alibaba, talent is moving in and out normally,” the company said in the post.

“In the face of new situations, new opportunities and new developments, we have never stopped innovating and upgrading ourselves, nor have we stopped recruiting and cultivating outstanding talent.”

Alibaba’s statement followed reports that its cloud computing division, which is seeking an initial public offering in the next 12 months, is laying off about 1,000 workers. The downsizing is expected to affect 7 per cent of the staff of Alibaba Cloud, people briefed on the matter told the Post earlier.
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