Youzan, a Chinese e-commerce service provider, starts mass layoffs after doubling losses: report


Source: startupnchill.com startupnchill.com

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[Youzan, a Chinese e-commerce service provider, starts mass layoffs after doubling losses: report] 0 Youzan, one of China’s largest e-commerce service companies, is reportedly planning to lay off 1,500 people, or nearly 30% of its employees. The company is the latest Chinese tech firm to cut workers as Beijing enters the second year of tightening regulations. Why it matters: Youzan, which develops software helping merchants to sell products on various Chinese online platforms, has faced… if($my_meta != '') { if(!empty($sitename)){ ? > « Previous post: [Intel selects Ohio for ‘largest silicon manufacturing location on the planet’] | Next post: [Facebook...