Home > > Alibaba to cut travel spending and postpone some hiring

Alibaba to cut travel spending and postpone some hiring

01/21/2019| 9:26:16 AM|

The travel cuts include restricting business class airfares on a unit-by-unit basis, with staff only able to select a premium cabin on every fifth round trip that takes more than 20 hours.

Alibaba Group Holding is cutting its spending on travel and postponing some new hiring as China’s largest e-commerce company braces for a slowing economy, people familiar with the matter said.

The travel cuts include restricting business class airfares on a unit-by-unit basis, with staff only able to select a premium cabin on every fifth round trip that takes more than 20 hours, one of the people said.

Staff were also told that Hangzhou-based Alibaba would no longer pay for better seats within a class, such as those with extra legroom, a person familiar said. Taxis to the airport will only reimbursed if there is a group of three traveling together, another person said.

When asked about any potential cuts, Alibaba said it’s always investing in talent and hunting for the right people.

Read Original Article

TAGS: Alibaba | business travel
©2020 广州力矩资讯科技有限公司 粤ICP备06070077号
Tell us more about yourself!