消息称京东2019年将末位淘汰10%的高管 – Tencent Tech

What happened: Chinese e-commerce giant JD announced plans to cut 10% of its vice president or higher level executives who come at the bottom of the company’s performance evaluation mechanism in 2019. With a total employee of over 180,000, the company now has around 100 such executives, according to the report.

Why it’s important: Rumors about JD’s workforce cuts have been circulating since the end of last year. In November last year, JD was reported to be cutting between 10% to 15% of its workers, but the firm refuted the news. The current news is significant because it would be a rare case for the e-commerce site to launch a round of job cuts targeting high-level executives. The decision was made to solve various organizational problems existing in the US-listed company as well as to regain the entrepreneurial spirit, the source noted. The news comes as Chinese tech companies generally are controlling headcount.

Emma Lee

Emma Lee (Li Xin) was TechNode's e-commerce and new retail reporter until June 2022, when she moved to Sixth Tone to cover technology and consumption. Get in touch with her via lixin@sixthtone.com or Twitter.

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