Chinese tech giants are quietly shrinking their workforce — echoing a pattern playing out in Silicon Valley.
In 2025, e-commerce major AlibabaAlibabaAlibaba, founded in 1999 by Chinese entrepreneur Jack Ma, is one of the most prominent global e-commerce companies that operates platforms like AliExpress, Taobao, and Tmall.READ MORE reduced its head count by 34% as it continues to axe its workforce in its offline business units to focus on artificial intelligence and cloud infrastructure….

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