Alibaba and Tencent preparing to cut tens of thousands of jobs combined: Sources - The Straits Times

These would be the first major layoffs since China launched a sweeping crackdown on its tech giants. . Read more at straitstimes.com.

HONG KONG (REUTERS) - Reeling from China's sweeping regulatory crackdown, Alibaba Group and Tencent Holdings are preparing to cut tens of thousands of jobs combined this year in one of their biggest … [+2785 chars]

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