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Alibaba to lay off 7% of workforce in its cloud division ahead of the unit IPO

Chinese tech giant Alibaba becomes the latest in a string of tech companies announcing layoffs in the month of May. Alibaba said today it is cutting 7% of the workforce in its cloud computing unit. The move comes as the

Chinese tech giant Alibaba becomes the latest in a string of tech companies announcing layoffs in the month of May. Alibaba said today it is cutting 7% of the workforce in its cloud computing unit. The move comes as the […]

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