Market News
Alibaba says to hire this year, refuting layoff rumours
SHANGHAI, May 25 (Reuters) - Alibaba Group Holding Ltd (9988.HK) said on Thursday it planned to hire 15,000 people this year, dismissing rumours circulating on Chinese social media in recent days that the company planned to cut 20% of its workers.
Reporting by Brenda Goh, Writing by Meg Shen;Editing by Kirsten Donovan
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