He Jun
There has been the intensification of the wave of layoffs in Chinese internet companies, where JD.com is becoming the center of attention.
According to a document that has been circulating online, JD.com’s layoffs cover a wide range of business lines. The e-commerce company’s subsidiaries such as Jingxi, JD Worldwide, JD Retail, JD Logistics, and JD Technology have set layoff ratios, most of which are in between 10% to 30%, with the proportion of layoffs in Jingxi Guangdong being even as high as 100%. Some media quoted senior insiders of JD.com as revealing that the layoffs have indeed started. According to reports, March 31 is the deadline for this round of layoffs. On the other hand, JD.com said this is just “normal optimization” of the business sector.
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