Chinese social e-commerce firm Xiaohongshu trims 9 per cent of staff, joining Alibaba, Tencent, others in lay-off wave

//Chinese social e-commerce firm Xiaohongshu trims 9 per cent of staff, joining Alibaba, Tencent, others in lay-off wave

Chinese social e-commerce firm Xiaohongshu trims 9 per cent of staff, joining Alibaba, Tencent, others in lay-off wave

The Instagram-like platform, popular with China’s Gen-Z for finding and rating products, said the cuts are normal and affect employees who failed to pass their performance reviews.

Article by [author-name] (c) Big Tech - South China Morning Post - Read full story here.

By | 2022-04-22T05:30:25+00:00 April 22nd, 2022|Technology|Comments Off on Chinese social e-commerce firm Xiaohongshu trims 9 per cent of staff, joining Alibaba, Tencent, others in lay-off wave