Chinese e-commerce company JD.com is expected to lay off 10 percent of its executives because of a slowdown in the country’s tech sector. The firm, backed by Walmart, Google and Tencent Holdings, reported its slowest ever quarterly growth in revenue in November 2018. JD.com said it wanted to maximise resources.
Chinese e-commerce company JD.com is expected to lay off 10% of its executives because of a slowdown in the country’s tech sector. The firm, backed by Walmart, Google and Tencent Holdings, reported its slowest ever quarterly growth in revenue in November 2018. JD.com said it wanted to maximise resources.