May 17, 2022 1:49 PM
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Alibaba lays off AliExpress Russia staff amid war

by: Sayantan Barua

Alibaba Group Holding

Alibaba lays off AliExpress Russia staff amid war

by: Sayantan Barua

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TW Newsdesk, May 14:Alibaba Group Holding has reported that it laid off about 40% of the staff in its Russian joint venture following the ongoing Ukraine crisis that disrupted cross-border business, as reported on May 13.

The Chinese e-commerce giant did not comment on the issue till now. Citing an employee with knowledge of the matter, the report stated it was not clear if there would be more layoffs following some of the laid-off staff chose to leave voluntarily and a few relocated to other locations.

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