{"id":1936109,"date":"2023-05-23T09:15:32","date_gmt":"2023-05-23T13:15:32","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/alibabas-cloud-unit-to-cut-7-of-staff-bloomberg-news\/"},"modified":"2023-05-23T09:16:45","modified_gmt":"2023-05-23T13:16:45","slug":"alibabas-cloud-unit-to-cut-7-of-staff-bloomberg-news","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/alibabas-cloud-unit-to-cut-7-of-staff-bloomberg-news\/","title":{"rendered":"Alibaba&#8217;s cloud division to reduce workforce by 7%, says Bloomberg."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Falibabas-cloud-unit-to-cut-7-of-staff-bloomberg-news%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1936109&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Alibaba Cloud Unit Begins Job Cuts Ahead of IPO<\/h2>\n<p>Alibaba Group Holding Ltd&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/amazon-mexico-cloud-unit-to-open-local-zone-in-early-2023\/\" title=\"Amazon Mexico cloud unit to open \u2018local zone\u2019 in early 2023\">cloud unit<\/a> is <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/alibabas-cloud-unit-to-cut-7-of-staff-bloomberg-news\/\" title=\"Alibaba's cloud division to reduce workforce by 7%, says Bloomberg.\">reportedly offering severance packages<\/a> or transfers to other units as it prepares for an IPO. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/conservative-consumers-group-pounces-on-woke-corporations-like-nike-and-coca-cola\/\" title=\"Conservative Consumers\u2019 Group Pounces On \u2018Woke\u2019 Corporations Like Nike and Coca-Cola\">job cuts<\/a> could reduce staff by around 7%, according to a source familiar with the matter. Alibaba has not yet commented on the report.<\/p>\n<h3>Other News:<\/h3>\n<ul>\n<li>A report reveals that Jeffrey Epstein attempted to blackmail Bill Gates.<\/li>\n<li>Republican lawmakers explain why they believe funding for the World Health Organization should be stopped.<\/li>\n<li>Georgia congressman Barry Loudermilk says debt ceiling negotiations have boxed Joe Biden into a corner.<\/li>\n<li>Former ICE agent Victor Avila is still seeking justice for the cartel execution of his partner agent Jaime Zapata.<\/li>\n<li>Chinese carmaker Lynk &#038; Co, jointly owned by Geely and Volvo Car, plans to open a showroom in Paris.<\/li>\n<li>TikTok CEO Shou Zi Chew says Montana&#8217;s ban of the app is unconstitutional.<\/li>\n<li>K-pop entertainment company HYBE, home to BTS, signs a music distribution deal with Warner Music.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Alibaba&#8217;s cloud unit is reportedly cutting jobs ahead of its IPO, with staff reductions potentially reaching 7%. The company is offering severance packages or transfers to other units to affected employees. Alibaba is China&#8217;s largest cloud service provider.<\/p>\n","protected":false},"author":66,"featured_media":1936110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[11446,27403,20929,10465,3931,7104,9848],"class_list":["post-1936109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-11446","tag-alibabas","tag-bloomberg","tag-cloud","tag-division","tag-reduce","tag-workforce"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1936109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1936109"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1936109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1936110"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1936109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1936109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1936109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}