Behind Alibaba Group's 25000+layoffs: Reflections on a global layoff storm

Tech 2023-05-25 06:36:00 Source: Network

Recently, news of layoffs in major companies has been constantly emerging. 58 cities, NetEase Youdao, Wanda, and well-known brandsAlibabaIncluding reports from abroad on BT and Disney in the United States, personnel optimization has been carried out to varying degrees,The proportion of layoffs ranges from 1% to up to 50%Unequal

Recently, news of layoffs in major companies has been constantly emerging. 58 cities, NetEase Youdao, Wanda, and well-known brandsAlibabaIncluding reports from abroad on BT and Disney in the United States, personnel optimization has been carried out to varying degrees,The proportion of layoffs ranges from 1% to up to 50%Unequal.

This cold number undoubtedly makes us feel cold in this storm.

Alibaba

AlibabaAbout 25% of large-scale layoffsThe period will be from May 16th to 30th, and centralized layoffs and lightning layoffs will be adopted. The compensation for layoffs will be an unprecedented N+3+bonus for the following month's social security. The sectors of layoffs include Cloud Intelligence Group, Taotian Group, Local Life, Cainiao, and Da Wen Yu.

Surprisingly, some executives facing layoffs are busy searching for new job opportunities, and there is a widespread trend of job cuts, with P6 finding 300000 jobs, P7 finding 400000 jobs, and P8 finding 600000 jobs.

As early as March, Cainiao and Alibaba Cloud's P7 cried in Xiaohongshu and Maimai, saying that they had interviewed several companies with headhunters, but could not offer 1 million yuan from outside. It was not because they were unwilling to reduce their salary, but because mortgage loans accounted for a large proportion. It seems that,The housing prices in Hangzhou are really going to be ruined!

The conference rooms of the Alibaba Visitor Center are fully booked, which is in preparation for this layoff. This intelligence source is from multiple Alibaba internal middle and senior executives, so let's wait and see!

A series of layoffs have been reported in multiple companies around the world!

NetEase YoudaoNetEase Youdao50% of rumorsLess than 1% in totalNetEase Youdao

DalianWanda GroupThey also denied rumors of large-scale layoffs starting before June. Meanwhile, there have been rumors of layoffs in the same city as 58. According to employees, the layoffs involve multiple business lines, and some departments have a proportion of layoffsUp to 30% to 50%The compensation plan for layoffs is N+1.

British TelecomThe group recently announced a bold plan by 2030Cut up to 55000 jobsJob positions, reduction ratioOver 40%Up to one-fifth of the layoffs will occur in the customer service department, as this part of the work will be replaced by technologies such as AI.

The Rupture of the Global Disney Dream

on the other hand,Disney USAA third round of layoffs is expected, with over 2500 employees facing unemployment. This is the final round of large-scale layoffs announced by CEO Robert Egger, and it is expected thatThe total number of layoffs will exceed 6500Close to the previously announced 7000 employees by Egger, accounting for 3% of the global workforce.

Looking at the "strategic adjustments" of these global giants, we can feel a coldness that has never been taken seriously.

For those who have lost their jobs due to layoffs, this is a cruel life challenge. Executives will also cut salaries and seek employment when facing mortgage pressure, which is even more frightening and unsettling for ordinary employees. Everyone's lives will be overturned by this change.What can we see when it comes to Alibaba's massive layoffs?

The rush never stops

Firstly, we need to see changes in the overall environment and reflect on career development.

Alibaba did not carry out major layoffs during the three years of the epidemic, which reflects its sense of corporate responsibility and resilience to face pressure. However, with changes in the market environment and increasing economic pressure, layoffs have become an inevitable choice. After only six months of effort, we realized that,Nowadays, even in summer, we feel the cold of winter.This also indicates that in the current market environment, the operation of enterprises is facing increasing challenges.

Having the courage to lay off employees and facing public exposure undoubtedly has profound implications. Regarding Alibaba's willingness to lay off employees and publicly announce it, it can be seen that enterprise decision-makers are trying to find new ways to solve the problem and cope with the increasingly severe business environment.

AlibabaStarted layoff modeOther companies may follow in the future. This may only be the beginning of layoffs, or even the starting point of a chain reaction of layoffs. We can refer to examples from certain industries.

What is 25000 people for Alibaba?

To delve deeper into the significance behind layoffs, firstly, it is to reduce operating costs, and secondly, to address the challenges of the internet industry entering the era of meager profits. At the same time, this also reflects that Alibaba isPrepare for a protracted warTo ensure the safety of book cash.

The era of meager profits in the internet industryAlibabaThe era of meager profits in the internet industryWith the arrival of, migrant workers need to actively update their skills and adapt to the new work environment.

Secondly, we need to see that companies have no emotional understanding of employee positioning, and we need to plan our career choices early.

The first employees to be laid off may include those with high salaries, inappropriate workplace attitudes, slow skill updates, high internal friction, and difficulty finding jobs. This aspect is alsoOptimizing Human Resources in EnterprisesOn the other hand, it is also a choice made under the guidance of corporate culture and values.

Faced with the mobility of highly educated individuals with levels of tens of millions, millions, and tens of millions, if all companies are downsizing, this mobility may become increasingly difficult. Looking objectively and calmly,The era of identity premium for large corporations may have come to an end

What are the countermeasures? We can turn our attention to second and third tier cities and other industries. This is actually a good thing, which can force some knowledgeable people to turn to the lower level of the market. Although the pain is inevitableCognitive flow is actually beneficial

Unemployed after graduation

202212061200Expected to reach 11.58 million nationwide in 2023

1200100There may be over 30 million college students~

Finally, give ourselves a thought of hope!

AIprompt engineeringchatgpt@AImidjourney@RefineDiary

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