Internet retailer to reduce the number of top managers by 10%


Representatives of the Chinese online retailer, the second largest in China after the Alibaba Group, confirmed to Sina Tech the intention of its leadership to reduce the number of top managers this year. It is expected that the composition of senior management in an amount of about 100 people will be reduced by 10%. China's high-tech sector is gradually slowing growth, forcing companies to downsize. As previously reported, taxi service Didi Chuxing announced the dismissal of 15% of employees. Two US companies Walmart and Google, as well as the Chinese investment company Tencent are investors of

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