JD to sack 10% of its top executives

BY CHINA DAILY Chinese e-commerce giant JD will lay off 10 percent of its senior executives this year, as the company looks to maximize its resources and focus on strategic layout and the coordinated development of diversified businesses. According to media reports, the cuts were announced at the company’s annual party last week. JD has confirmed the planned layoffs. Based on the current number of … Continue reading JD to sack 10% of its top executives