AliExpress owners fired 9.2 thousand people due to a halving of profits

The Chinese company Alibaba, the owner of the AliExpress online store, has begun mass layoffs

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It is known that in three months the company fired 9241employee. According to recent reports, Alibaba employed 245,000 people. The reason for the layoffs is an increase in inflation, a significant rise in the cost of materials, political tensions and a 2-fold decrease in profits.

At the same time, similar processes are taking place in the West.American tech giants Apple and Alphabet have suspended hiring for reasons similar to those in China, and Amazon has laid off about 100,000 people.