Alibaba Group said it aims to hire 15,000 people this year, dismissing rumours circulating on Chinese social media in recent days that the company planned to cut 20 percent of its workers.
Alibaba Group, in a post on the official Weibo account, said that among the 15,000, more than 3,000 people would be newly-graduated students.
“Talent movement is what all enterprises have been doing. In Alibaba, talents have been coming in and out, moving normally,” Alibaba Group said in the Weibo post.
Alibaba’s cloud unit has started downsizing that will impact 7 percent of the staff as it streamlines its business in preparation for an IPO, media reports said earlier.