1. LINE

      Text:AAAPrint
      Economy

      Alibaba to cut back on graduate recruitment

      1
      2015-09-08 08:47China Daily Editor: Wang Fan

      Firm denies it has taken a hit from the economic slowdown, claims payroll was already too large

      Amid the decline in its share price in New York, Chinese e-commerce giant Alibaba Group Holding Ltd has announced a cut in its campus recruitment quota.

      With the original goal of recruiting more than 3,000 fresh graduates in 2016, the Hangzhou-based company said on its official campus recruitment website that the recruitment quota will "shrink due to changes in the group's talent strategy" and "those who were likely to be recruited will have to face tougher competition".

      Alibaba did not give any specific numbers, but in an e-mail reply to China Daily on Monday, it said that it has already made 1,407 offers and it is expected to make another several hundred based on potential candidates' test results.

      The company denied market speculation that it was planning to cut the salaries offered to candidates in a bid to drive them away.

      Alibaba said that its salary package is based on supply and demand in the human resources market, and the overall salary standards for college graduates are also taken into consideration.

      The company explained the changes to its recruitment plan in a statement, saying it recently reviewed its business, organization and team only to find that "it has more people than it needs".

      The company, which in mid-August announced a $4 billion share repurchase program over the next two years to restore investor confidence, said it is still on a sound development track, but it has to rethink its talent strategy in order to avoid becoming an overstaffed organization.

      Analysts said the changes to Alibaba's campus recruitment plan are in line with the difficulties it faces.

      Lu Zhenwang, an independent Internet expert and chief executive officer of Wanqing Consultancy in Shanghai, said that just like other tech and Internet companies in China, Alibaba faces major challenges if it wants to maintain the kind of rapid development it has enjoyed in the past few years.

      "Alibaba is expected to see growth in its new online shoppers peak by the end of 2015. Its future growth will need to come from the increase in online spending rather than growth in new users," he said.

        

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 99在线观看免费视频| 国产免费无码一区二区| 好爽又高潮了毛片免费下载| 亚洲黄网在线观看| 3344免费播放观看视频| 久久丫精品国产亚洲av| 777爽死你无码免费看一二区| 久久精品国产亚洲AV麻豆网站 | 色老板亚洲视频免在线观| 精品无码无人网站免费视频| 久久精品国产亚洲AV电影| 国产2021精品视频免费播放| 亚洲av无码片区一区二区三区| 无码日韩精品一区二区免费| 亚洲精品GV天堂无码男同| 免费日韩在线视频| 国产精品免费看久久久香蕉| 亚洲av无码av制服另类专区| 57pao一国产成永久免费| 亚洲av永久无码精品三区在线4| 日本久久久免费高清| 亚洲五月午夜免费在线视频| 国精无码欧精品亚洲一区| 57pao一国产成永久免费| 亚洲欧美成aⅴ人在线观看| 亚洲国产日韩在线观频| 日本一道本不卡免费| 国产成人精品日本亚洲直接| 国产一区二区三区免费在线观看| 成人免费ā片在线观看| 亚洲精品福利网泷泽萝拉| 国产乱子影视频上线免费观看| 一级毛片在线播放免费| 久久亚洲国产精品成人AV秋霞| 国内自产少妇自拍区免费| 亚洲视频在线免费| 亚洲国产乱码最新视频| 亚洲色精品88色婷婷七月丁香| 青青青国产在线观看免费网站 | 国产精品永久免费视频| 亚洲精品无码久久毛片波多野吉衣|