Alibaba says to hire this year, refuting layoff rumours

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Alibaba (BABA) to hire 15,000 people this year, denies layoff rumors

May 25, 2023 11:31 AM EDT

Alibaba (NYSE: BABA) on Thursday dismissed rumors that it planned to cut a large percentage of its workforce and instead stated it plans to hire 15,000 people this year.

Rumors circulating on Chinese social media in the last few days said BABA... More